Nifty: Resistance 5555/5585-97/5615/5630-5667
Support 5525/5495/5455/5420
Nifty witnessed selling pressure from higher resistance level @ 5585-97 zone & witnessed some sell off & went below support zone @ 5555. Today, Nifty may open marginal +ve with 25-30 pts gain in line with Asian market. Immediate support will be pegged @ 5555 zone after gap up. Resistance again seen @ 5585-97 zone. If crossed & sustained, Nifty may see some more upswing to continue towards 5600++ zone. On lower side, sustaining below 5555, Nifty has support @ 5525 & breaking blw this zone, nifty may head towards 5495 levels.
Trade with levels.
Happy Trading.
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