Nifty: Resistance 5491/5510/5525-5530/5555
Support 5464-5454-5444/5420/5385
Nifty had a quiet & volatile session in a narrow range of 5510-5482 & closed almost flat. Stock specific movements kept the momentum ticking for traders. Intraday Nifty may open flat, in line with Asian market. Nifty needs to sustain above 5510 (with volumes) to get some momentum ticking for Bulls. Sustaining above 5525, Nifty may head towards 5555 range. On downside, immediate strong support pegged @ 5464-5454 range... which if breached, Nifty may see some more profit booking.
Trading View- Cautious
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