The market showed a bull run with S&P BSE Sensex ended 290 points higher and the Nifty too closed firmly above the 5,650 mark at 5,680.4, up 87.45 points or 1.56% on the back of pull-back rally led by banks. The forex market cheered the roadmap chalked out by the governor and the rupee strengthened against the dollar. Indian rupee gained 97 paisa to 65.04 against the US dollar.

Nifty futures traded green in the weekly trading session. It managed to show bull run at the end of the session and closed with a net gain of 238.25 points from the previous week's close. Technically, it is now facing immediate resistance at the mark of 5730 with the crossing of it is likely to touch next resistance at psychological mark of 5800. For downside, major support is at the level of 5545 and 5480.

Stocks to watch on:
ACC: Technically, the stock is consolidating at lower levels and is poised to be bullish in the upcoming sessions. It is currently facing immediate resistance at the level of 976.50 with the crossing of which an upward movement in the prices can be seen. One may go for buying on dip strategy above the level of 976.50 for a target of 1010 and a strict stop loss of  940.

DLF: Technically, the stock is consolidating with the positive biasness and is expected to surge in the forthcoming session. It is currently facing major resistance at the level of 141 with the crossing of which an upward movement in the prices can be seen. One may go for long position in DLF above the level of  141 for a target of 150 and a strict stop loss of  132.