NIFTY TIPS - Levels for tomorrow

Nifty face the resistance today in the range of 4900 to 4940 level. It is expected that Nifty could be advanced in bullish zone if it closes above the level of 5000. Technically Nifty is looking to have the short term upside momentum & we could see the level of 4950 in upcoming trading sessions. I recommend that traders should go for buy on dips strategy in nifty & they should book the profit close to the level of 4950.