Nifty: Resistance 5630/5666/5696/5717/5735
Support 5585/5555/5412/5320
Nifty witnessed a deep crack on last day of expiry. Nifty close below 200 DMA making enough room for bears to create panic. The Sensex is now the worst performer in Asia Year-till-date. Closing below 5620, nifty has now chances to test 5550-5320 zone. Nifty will face resistance @ 5666-5696 range. Overall trend is down & small traders are advised to be sidelined. Investors may deploy 50% cash @ 5555-5320 zone.
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