Nifty: Resistance 5138/5151/5165/5186/5203/5235/5275
Support 5115/5066/5055/5039/5005
Nifty closed exactly below triangle break out line... to confirm breakout, Nifty needs to give closing above 5165 range for 2-3 sessions (with volumes). Intraday Nifty faces immediate resistance @ 5165, above it if sustained, it may test 5203 range. On downside, blw 5115, Nifty may test 5088-66 support area. Expect flat/+ve opening.
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