Nifty try to take support @ 5220 , But lot of negative news are cumming daily.
When Nifty future close above 5342 only downtrend will be terminate. Otherwise we can expect 5220. below 5220 target will be 5150 & 4970 .
Short traders keep strict stop loss of 5346 on closing basis.
Positional traders buy nifty only close above 5342 on closing basis.
