Nifty: Resistance 5315/5333/5349-5353/5385
Support 5294-5280/5263/5249/5222/5207/5194
Nifty showed some either side moves on Expiry day. Intraday, Nifty is expected to open marginal red & may trade in range of 5280-5315 in early hour. Break of either side may lead to more one sided moves. Closing blw 5264, Nifty may see trend reversal. Use rallies to exit leverage positions.... next phase of rally only above 5415 expected.
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