Nifty: Resistance 5252/5275/5315-5325-5335/5355
Support 5235/5225/5182/5151
Nifty remained in range of just 15-20 for maximum time of day & showed last hour upswing to end on positive note.Though all indicators are in overbought zone, breakdown not happening due to Global support. Nifty now has hurdles in every up move... immediate resistance @ 5275... which if cleared, Nifty will face stiff resistance @ 5315 to 5335 area. Below 5235-5225, if sustained, Nifty may see profit booking.
Expect flat opening.
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