Nifty finally broke its resistance level of 5185 and closed at 5198. Nifty closed marginally below the 5200 levels. The rally was lead majorly by RIL ind which rallied nearly 4% up. RIL ind closed above its 200 DMA after a very long time. RIL ind will continue its rally. Volumes in the markets were pretty low for most of the day. Volumes in the markets picked in the late hours, when the markets saw a surprise rise in the market. Sensex closed by more the 1.50% at 17383 while Nifty closed at 5198 up by almost 70 points. Nifty will face small resistance at 5250. but 5300 levels will surely prove to be major resistance levels...