Nifty: Resistance 5349/5375/5394
Support 5315-5333/5294/5275/5252
Nifty remained in range as expected.As written, Nifty held support zone of 5294 ( low 5296 ) & bounced back, but didn't broke resistance of 5349 ( closed 5343 ). Intraday, Nifty may open flat / +ve . Being expiry of June month, we may see rangebound movements initially & some stock specific movements. Nifty, till it maintains to hold 5294 on lower side, Bulls may keep control. Below this level, it gets weak for some profit booking.
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