Nifty: Resistance 5555/5585-97/5615/5630
Support 5525/5495/5451-44/5420/5400
Nifty traded in -ve zone in line with weak global cues. Though Nifty lacked volumes & it remained in a 30-40 pts range on wednesday. Today, again we may witness gap down opening in line with weak global market. Immediate support @ 5525, if breached, Nifty may slide towards 5495 & lower support target zone.On upside, resistance @ 5555, if cross & sustains, Nifty can go upto further resistance zone 5585-97 range.
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