Nifty may continue to consolidate in range of 5,150-5,400:
``Overall data indicates the Nifty may continue to consolidate in the range of 5,150-5,400 levels in the near term. Stock-specific movement is likely to prevail,`` said Emkay Global Financial Services. It further said the following:
``As expected, Nifty came down in the later part of the day as it was in the overbought region and as we are moving into a long weekend, we may not see huge buying tomorrow. For Nifty the major support is there at 5,185 levels,`` said Alex Mathews, Research head, Geojit BNP Paribas, Financial Services, while commenting on the outlook.