Nifty: Resistance 5777/5804/5840/5888
Support 5735/5717/5696/5666/5630
Nifty had a decent day through out & closed on +ve note ahead of RBI meet. Today, Nifty may open gap up with 15-25 pts & will face first hurdle @ 5777-5804 zone. If sustained, Nifty may see 5840+ zone in coming session. On lower side, now support @ 5735-5717 for intraday long trades. Expect some good move sustaining above 5804.
All positional long holders should keep trailing Sl @ 5630 now.
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