Nifty: Resistance 5295/5315/5333-5342-5353
Support 5275/5249/5222/5207/5172
Nifty took support exact at our levels of 5207 ( low 5206 ) & broke all resistance on upside in last hour spike rally. All short term indicators are in overbought zone, so traders are advised to avoid buying near higher resistance zone of 5315-5353. Again, important support is pegged @ 5207... which if held, dips may be utilized for buying.
Expect flat opening inline with Asian Market.
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