Last week Nifty touched R2. Now resistance near 5055 and support 4975 hold long with the TGT of R1, R2. Monday nifty may open lower with global market but Nifty will recover so don't take any short positions. FII's  data also positive. Take care of your trade.

Nifty this week
R2: 5225 R1: 5135 P:4971 S1: 4875 S2: 4715