Nifty: Resistance 5333/5349-5353/5385
Support 5315/5294-5280/5263/5249/5222
Nifty moved up from support level & managed to close above 5300... though volume lacked. Nifty may open gap down in line with Asian Mkt. Immediate important support pegged @ 5294-5280 range. Resistance is still maintained @ 5349-5353 range on closing basis. Till then, rises can be used to exit leverage longs.
Its high time to exit OMC's & wait for dip to enter.
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