Nifty: Resistance 5491/5510/5525-5530/5555
Support 5464-5454-5444/5420/5385
Nifty had a quiet session in a narrow range of just 15-20 pts & closed flat. Intraday, expect nifty to open positive with 15-20 pts in line with Asian market. View remains same as last session. Immediate resistance @ 5491-5510... sustaining above this only, Nifty may see some upmove. On lower side, Nifty may see some profit booking breaking below 5454 range. Overall trading view remains cautious ahead of IIP no's this week.
Trading View- Cautious
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