Nifty: Resistance 5252/5275/5294-5303/5333
Support 5222/5203/5194-5182/5165-5151
5252 served as perfect host to bulls. As written Nifty didn't crossed resistance zone of 5252. Nifty traded with alot of volatility & finally closed flat. Nifty may open flat/-ve inline with Asian market. Bounce back can be expected from lower support zone. So we wont advise shorts at lower area. 5151 to be kept as Sl (Closing basis) for all longs.
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