Weakness clearly seen today and Indian markets are under performing global cues as well. 6 hours trading range(5108-5125) was mentioned in two previous topics which was broken out yesterday and broken down today on the back of strong/weaker global cues.
Global cues led high volatility nowadays and Nifty slipped below 5108 today. Next supports are between 5012-5035, as real weakness is clearly visible today therefore its testing is possible and on going rally termination confirmation will be after sustaining below 5012.