Nifty: Resistance 5420/5440/5455/5495/5525
Support 5385/5355/5315/5275/5241
Nifty witnessed massive sell off & finally closed @ 5 month low blw 5400 & sensex held 18000 by fraction of margin. Nifty for today, may open marginal +ve & trade with -ve bias in initial trading hour. Nifty, if holds 5385-5355 range, may show some bounce back till 5440-5455. Nifty now, closing below 5355-5315 range, may lead to 5220 range.
So trade accordingly with levels.
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