After a long weekend the Bulls were back in action. Markets opened positive with a gap. Sensex opened almost 150 points up. Buying in the heavy weights helped the markets to remain up strong. RIL & ONGC the major contributor closed nearly 2% higher. Sensex closed at 1682 higher up by 160 points. Once again Nifty closed above 5000 levels. On Friday Nifty closed at 4958 after facing resistance at 5000 levels. But today the Indices opened up strong on back of the surged in the global markets. Nifty too good support at 4958 levels as mentioned earlier. But still closed below its resistance levels of 5013-5019 levels. Nifty will continue to have support at 4958 levels.

BUY ONGC above 1200.
SELL SBI tgt 2040- 2015 levles
BUY Sesa goa with SL of 258