Nifty: Resistance 5444/5455/5495/5525/5555
Support 5415/5385/5350/5311/5275
Nifty kept hovering around 5420 level after couple of weak sessions. Today Nifty may open +ve, in line with Asian Market. Immediate resistance @ 5455, if sustains this level, Nifty may see some more covering till higher zone of 5495-5525. On lower side, Nifty has strong supp @ 5415, sustaining below this, nifty may see some pressure build up & may see booking till 5385-5350 range.
Over all, lower level bounce back not ruled out before fresh selling could be seen.
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