Nifty: Resistance 5420/5444-5454/5496/5525
Support 5385/5351/5315/5275
Nifty traded with low volume & ended flat after a volatile session in a narrow range. For today, Nifty may open +ve with 15-20 pts & may face immediate resistance @ 5420 range... if this is sustained, nifty will face further resistance @ 5444-5454 range. Nifty till below 5555, will be in downtrend, above this only Nifty turns +ve for uptrend. On downside, Intraday support pegged @ 5385-5351... Closing below 5315, nifty turns further weak for more fall.
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