Heavy weights RIL, SBIN, ICICI, AXIS taken our markets far away from the bears, strong closing for our markets today. NIFTY closes above 5080, and SENSEX closes above 17100. Traders can hedge their longs with 4900, 5000 put options.

    NIFTY SUPPORT            @ 5045-4980


    NIFTY RESISISTANCE @ 5120-5150