12-11-09 trading shows that the markets faced resistance at 5020 zone not even reached 5045 and nifty closed at 4952.65.

• FII data first time sold more in stocks futures and index futures but bought a little in cash.
• F&O nifty futures sheds open interest small range.
• US markets are in red.
• Global cues are in red.
• SGX nifty is in red.
• Technical indicators are  bullish.
• Nifty support 4917 resistance is 5050.  

Over all view: As seen from the fii activity let us see today's trading for confirmation whether the fall is a correction or a continuation. If nifty falls below 4870 the mid term correction is on the cards.