Nifty: Resistance 5735/5755/5777/5804/5840
Support 5696/5680/5666/5630
Nifty performed exactly in line of our view posted yesterday. Nifty traded -ve in early trade but held support area of 5630 & showed sharp recovery in last couple of hours of trade. Today, nifty may open marginally -ve & may trade in broad range of 5666-5735. Either side break [& sustain] will lead to nifty to further movement for good movement.
Important support again pegged @ 5630... closing below this level may lead nifty to 5585-5555 zone. On higher side, above 5735 only, nifty turns +ve for some movement.
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