Nifty :Resistance 5252-5275/5294/5315
Support 5235/5210-5206/5171/5165
Nifty saw a much awaited crack, of which we have been alerting from past few days. Intraday Nifty may open gap down in line with weak global cues. Immediate support @ 5210-5206. Below it if sustained, Nifty may see some more booking. Nifty has strong support @ 5165, which is expected to held... if it does, then expect bounce back. On upside 5252-5275 will give immediate resistance, if its crossed, Nifty may see 5315 & upper levels.
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