# NIFTY FUTURE for 5/10/2009 Updated.

Nifty Future EOD Chart.

Major Support 4967.

As said Nifty got resisted at our First Target 5090 on Thursday.

For today above 5097 ( if holds for 5/10 min ) go long for a target of 5108 / 5120 / 5133.Sl – 5070.

Or Short Near 5133 with SL of 5160. If breaks 5160 on upper side and closes with volumes means then next target will be 5557.

A raising wedge pattern seen in hourly chart, but still Bulls are not giving up. On Thursday FIIs and DIIs are also huge buyers.