Nifty: Resistance 5315/5333/5353-5362/5385
Support 5275-5262-5252/5235-5222/5210
Nifty, as expected, held support area of 5232 ( low was 5233 zone ) & bounced back to 5300+ zone. Today Nifty may open gap down with 15-25 Pts in line with Asian Market. Immediate support @ 5275-5252 zone.... if held, Nifty may show some bounce back to 5300 sub levels, else small dip to 5222-5210 levels may be seen (5210 is strong support, on closing basis, as we have been saying from past few sessions). Above 5333 if sustained, Nifty may see further rise to 5362-5385 zone from where fresh selling may emerge.
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