Nifty (5,115)

We said, "technically the market has a very crucial support at 5,100 and we could consider the market as still up as long as 5,100 holds." The market opened in the green and climbed up to find selling pressure near the psychological 5,200 mark and sold off indicating selling pressure in the upper regions and also indicating that 5,000 mark too is a possibility.

The crucial support for the Nifty is at 5,000 and the resistance is at 5,200.