Outlook of Nifty for 20th Jan

Nifty future resistance is placed at 5036 and then at 5055-5073 and if upholds can target 5085-5094.  Any close above 5036 can  target 5134-5175. On failure to cross 5036 we may retest 4988. Break below can drag nifty back to 4936-4915.