Nifty: Resistance 5495/5525/5555/5597/5615
Support 5451/5420/5400/5385/5353
Nifty remained rangebound between 5495-5451 for maximum time of the day with low volumes. For today, Nifty may open +ve in line with Asian market. Immediate resistance again pegged @ 5495... if sustained this level, Nifty may head towards further resistance zone @ 5525-5555 zone. On lower side, nifty support @ 5451. Sustaining below this zone, Nifty may see some fall towards 5420 & lower levels. Over all we may expect rangebound trades in early session with low volumes.
Unitech looking good in dips.
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