Nifty: Resistance 5252/5275/5302/5335/5355
Support 5202/5225/5194/5165/5151/5115
Nifty remained positive for day & started new year by touching new highs. But turnover was far very less. (The total combined turnover — cash and derivatives — on BSE and NSE together was Rs 64,130 crore compared with an average daily turnover of Rs 91,000 crore in December.) Cautious at higher zone is advised on intraday basis. Wait for proper Intraday dip to buy (Near support zones). Nifty may open gap up with 15-20 Pts in line with Asian Market. Stiff resistance @ 5275
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