Nifty: Resistance 5495/5504/5525/5555/5597
Support 5475/5444/5420/5400/5385
Nifty had a weak session with some recovery seen in the last hour of trade. For today, Nifty may open flat/+ve in line with Asian market. Immediate resistance on upside movement @ 5525... if sustained, Nifty may see some short covering till 5555-5597 range. On lower side, strong intraday support pegged @ 5475... if sustained below this , Nifty can see lower levels of 5444-5420.
Over all, we may see some rangebound session in early trading hour.
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