Nifty Levels For The Week

 Nifty witnessed the yet another positive session & continue the upside recovery. Today it managed to break the resistance zone of 5100 to 5110 & also made the closing above it. Now this upside momentum could be continue and one could expect the higher levels of 5200 to 5205 in near term. I recommend long position in Nifty future from the current levels for the target of 5200 with stop loss around 5060.