Strong signals from U.S. and European markets have forced Nifty to open a higher note .With gapping of 60 points Nifty has opened on its resistance zone around 5040 and could not comfort at this level. After a gap –up opening Nifty has made lower top and lower bottom in intraday on Monday. The supply was coming at higher levels in Nifty. Today Nifty may consolidate between 4935 to 5000 level. Asian markets are showing weakness in early trading after indication of U.S. markets, which have mixed last night. Result season will start from Infosys today, which is the main trigger for Indian markets. Trading in stocks is advised on this stage only.
