Nifty: Resistance 5302/5335/5355/5385
Support 5252/5225/5202/5194
Indian markets opened gap up & Sensex went on to hit 23 months high. Nifty opened with good gains, though remained in just 15 pts range thereafter. Expect flat/+ve opening with 15-20 Pts on Nifty & resistance @5302... slight negative indicators have emerged on Intraday charts. If Nifty closes below 5225, shorts can be carried for more gains. Further upside rally now sustaining above 5335 possible.
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