Nifty: Resistance 5558/5585/5611/5630/5666
Support 5525/5510/5495/5451/5425/5404
Nifty moved up from its oversold zone & witnessed a decent pullback. Today, Nifty may open gap up in line with a Asian market. Pull back rally may continue above 5585... resistance @ 5611-5630 zone. If crossed & sustained, Nifty may see some more upside move. On lower level, 5525 will offer good support. Below 5495, nifty test lower support levels.
Avoid buying at higher resistance zone.
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