Markets opened up strong but remained volatile through out the day. Nifty touched its new high in 2009. Nifty made a high of 5214 before closing at 5187.95 with marginal gain of 10 points Sensex gained nearly 40 points to close at 17401. It seems that the Nifty is facing stiff resistance at 5200 levels. Decisive breakout in the either side is expected. If bought at the lower levels, profit should be booked at the higher levels.