Nifty August 4th week Analysis

Nifty is looking positive and it is expected to continue last week's momentum , but it will face some resistance moving forward at 25050-25100. If Nifty sustains above these levels, then we can expect momentum to continue upto 25350-460 . But if it fails to cross and sustain above 25050-25100 range, then we can expect sell-on rise keeping Nifty range-bound and volatile throughout the week.