Nifty: Resistance 5777/5804/5840/5888
Support 5735/5702/5697/5666/5629
Nifty opened on flat note & selling pressure continued to be seen at higher levels. As written yesterday, below 5840, Nifty seen 5777 & lower levels. Today, keep eyes on 5804 as immediate resistance on opening & if this level is sustained, nifty may try to touch 5840 range. On lower side, nifty may try to take support @ 5735-5702 range, closing below this, basic support pegged @ 5550. [Broader look already written yesterday].
Reality Stocks looks good at lower levels.
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