Nifty witnessed the highly volatile session today and made the closing above 5100 level. In the upcoming trading sessions we can expect the range bound movement. In the downside the 4950 to 4975 is the crucial support zone for it. Closing below this support zone may drag it till the lower levels of 4700 to 4705 in near term. For tomorrow, traders can initiate long positions in Nifty Future for the Targets of 5250 and 5300 from the current levels.
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