On tuesday our target acheived in nifty close at 5168 almost 100 point gain in nifty showing short covering in all sector .major gainer sector is IT and PSU BANK .
Today dowjones close almost flate so flate to negative opening seen in market and due to someprofit taking first half nifty can gettingsupport around 5100 but i feel nifty manage to close around 5200 level today.
buy nifty around 5120 with stoploss of 5090 for a target of 5200.
option side long termplayer buy nifty put 5000 october for next month time target priceof 300.