Nifty: Resistance 5353/5385/5420/5455/5495
Support 5330-5305/5275/5250/5222/5210
Nifty remained range bound with -ve bias for the day. Nifty witnessed some selling pressure at higher levels & closed below 5350 mark. Today, nifty may open with marginal loss of 15-20 pts, inline with Global market. Immediate support @ 5330, breaking below this, Nifty finds support @ 5305, breaching that, nifty may slide towards 5275-5250 zone. On upside, resistance @ 5353, if sustains this zone, nifty may see some more upswing towards 5385 & above. Nifty needs closing above 5385, to show 5420-5455 zone in coming days.
Trade with levels.
Happy Trading.
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