Nifty: Resistance 5615/5630/5656-5666/5697
Support 5585/5557/5525/5510/5495
Nifty witnessed another extended day of upmove & managed to go past 5600 mark just ahead of expiry. Today, Nifty may open gap up with 15-20 pts gain. Intraday, Nifty has immediate resistance @ 5630 & crossing & sustaining above this zone may show some quick gains towards 5656-5666 zone. On lower side, Nifty has good support @ 5585, below this Nifty may slide towards 5550-5525 zone. Be stock specific & don't make big commitments on long side.
Stock Watch:: +ve Bias Stocks- ColPal & MLL
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