Nifty: Resistance 5803-5840-5888-5904
Support 5777/5735/5729/5701
Nifty didnt managed to hold the support range of 5880 & saw another day of deep correction. Now,we are trading far blw support zone of 5945 !!! if this is held & broken, then 6100+ expected , else, logical supp now @ 5575. But, 1 swing till 5945 not ruled out, as nifty is highly oversold. Intraday, we may see some bounce from support range of 5777. Immediate stiff resis pegged @ 5840-5888, if this is crossed & sustained, further minor upside not ruled out. On lower side, sustaining blw 5777, Nifty turns weak for intraday.
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