Nifty: Resistance 5495/5525/5555/5575/5599
Support 5455-5444/5420/5400/5385
Nifty ended in +ve amid range-bound moves in just 20-30 pts. Rail budget remained non-event & no much trigger seen to market sentiments. Today, Nifty may open flat/-ve in line with Asian market. Immediate resistance @ 5525... if sustains, nifty may move towards 5555-5575 zone. Overall, we may see some range-bound moves ahead of RBI meet today & budget tomorrow. Below 5455, if sustains, Nifty may touch 5420 & lower support zone.
Trade with levels.
Happy Trading.
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