Nifty: Resistance 5275/5303/5333/5353
Support 5252/5222/5202/5175-5165/5151Another day same story. Nifty again remained in just a 15-20 Pt narrow range. Some action was seen in Mid-Caps. Over all Nifty looks exhausted, below 5252 > 5222-5202 is expected. Nifty strong support @ 5151, this range is expected to hold, if breaks some more booking will set in. Intraday,above 5275 only some buying interest sets in. Expect gap down opening with 20-30 Pts on Nifty in line with Asian Mkt.
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