Nifty is headed for a pullback rally--Follow up

On 25 Nov, we advised traders to go long on nifty, those who have taken action must maintain their long position with trailing stop at 4780.
Next resistance for the nifty is 4880,if that is surpassed then 4920,4950 and 5000 levels could be seen. But post 5050 seems to be unlikely as of now. We need to watch out where nifty loses its strength to initiate fresh short positions. But as of now, we should only watch our long positions.

Happy profits!!