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Indian markets Thursday outlook by ---------

Let me put in simple words.

Up trend is going strong after break above 4970.

Now for tomorrow 5060 will act as support and mild resistance at 5108 level.Tomorrow  we might open at this level.
Above 5108 watch out 5128.85 level.

Bank nifty crossed resistance level and closed at 9040 level.Tomorrow we might see mild profit booking on bourses and every dip will be bought in to due to strong strength in market. Remember 4970 for the whole series.

Best to your trading.

Disclosure: Holding short positions in nifty