Support 5830/5815/5777/5755/5735
Nifty ended week on weak note, as it closed down 0.71%. Nifty faced stiff resistance at higher mentioned areas. Intraday Nifty may open flat/-ve inline with Asian market. Nifty if sustains below 5815-5800 range, then it can see 5750-5700 zone. On higher side, intraday resistance @ 5888. If sustains this zone, Nifty may see 5925-5945.
Charts speak thousand words without saying. We uploaded a chart in Feb indicating 5200 wont give up easily & same happened, with multiple bounces from those levels.
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