According to Angel Broking Market Outlook report,  if Nifty tardes above 5078 level during the first half-an-hour of trade then we may witness a further rally upto 5156 - 5197.

Angel Broking Market Outlook report:

The trend deciding level for the day is 5078 / 17267 .Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally upto 5156 - 5197/ 17453 – 17553 However, if Nifty trades below 5078 / 17267 for the first half-an-hour of trade then it may correct upto 5037 – 4959 / 17167 – 16980

For further details click on attachment