Nifty: Resistance 5464/5477/5500/5525-5530
Supports 5450-5444/5415/5408/5385-5372
Again a boring day for nifty traders, with not much to do. Nifty made negative signal at the top of charts, but still proper breakdown signal needed. Below 5450, if sustained, Nifty may see 5415 & lower levels. On upside, 5477 very strong resistance & 5500 is psychological resistance... still i would advise our readers to keep there portfolio hedged with some puts on upside.
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