Nifty: Resistance 5302/5335/5355/5385
Support 5275/5252/5225/5202/5194
As we posted yesterday that some weakness is witnessed, Nifty seemed to lose steam in yesterdays trade & closed flat. Expect flat opening on Nifty & resistance @5302. If Nifty closes below 5225, shorts can be carried for more gains. Strong intraday support @ 5275, sustaining below i,t 5252 is expected & below 5252 > 5230-5194 levels can be seen in coming trading session. Further upside rally now sustaining above 5335 possible.
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