Nifty: Resistance 5252/5275-5284/5315/5330
Support 5232/5222/5210/5184/5165/5151
Nifty closed flat as it lacked volume after nation wide strike. Turnover at the bourses fell by over 42% , or nearly Rs 35,000 crore, from the daily average. Intraday Nifty is expected to open flat with 10-15 pts either side. It has strong support @ 5210, so traders are advised to avoid shorts at lower levels... break/sustain below this level, fresh selling may emerge. On upside 5275-5284 is strong resistance for bulls to break.. above it Nifty may try for 5315-5330 zone.
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