Nifty: Resistance 5385/5415-5420/5444-5455/5491
Support 5353/5333/5315/5303/5294-5275
Nifty showed breakdown & closed below 5385. For intraday, with +ve Asian Market, we may see gap up opening. Immediate resistance pegged @ 5415-5420.... if this zone is cleared Nifty may see further upside till 5444-5455 zone ( from where again booking is expected ). If this upside resistance is not cleared, Nifty may see booking from upside area. Downside important support @ 5353... closing below it, short term correction would be confirmed.
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