Nifty: Resistance 5475/5491/5514/5525-5530/5555
Support 5453-5444/5415/5385-5372/5353
Nifty remained in a narrow range with -ve bias. For today, Nifty may open marginal gap up with 10-20 pts. Immediate stiff resistance @ 5491... risky traders may use this zone to go positional short. Nifty has good support @ 5415-5385 zone... which may offer good support on dips. Ahead of RBI meet, RIL results & July month expiry, we may see some good volatile sessions... so small traders trade with cautious.
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