Nifty: Resistance 5555-5565/5597/5615/5630/5666
Support 5525/5504/5495/5455/5420
Nifty managed to close in green despite a volatile session and conflicting reports emerging from Libya. View remains same, Nifty sustaining above 5555-5565, gets positive for upside moves till 5597-5615 zone. (Nifty above 5565 [closing basis], bullish for more upside rally till 5700-5900 range.) On lower side, Nifty has strong intraday support @ 5504-5495. Breaking & sustaining below this level only, nifty turns weak intraday. Positional traders, may keep Sl @ 5400 for there longs now.
Nifty may open gap up, keep eyes on 5615-5630 on higher side & 5555 on lower side for further trend decider move.
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