Nifty: Resistance 5385/5420/5444-5454/5495
Support 5355/5330/5305/5275/5252
Nifty with extreme bullish global cues, opened & traded with big gains for whole Friday session. Though, now some profit booking is expected before fresh upmove. Nifty may open flat & immediate strong resistance pegged @ 5385, if nifty crosses & sustains above this zone, it may show some more rally towards 5420-5444+ zone. On lower side, Nifty has immediate support @ 5355, breaking & sustaining below this level, Nifty may slide towards 5330-5305 zone. Closing below this level may set trend to profit-booking mode for upcoming sessions.
Trade with levels.
Happy Trading.
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