Nifty: Resistance 5275/5315/5333/5355/5385
Support 5255/5222/5210/5165/5111
Nifty opened with marginal gains, but soon slipped into red & couldn't recover through out the day from there & remained in that range only. Today, Nifty may open flattish. Nifty has intraday resistance @ 5315, above it, Nifty may see some movement towards 5333-5355 zone. On lower side, intra support pegged @5255, below it @ 5222-5210. Nifty needs to hold 5165 [-/+ 50] zone, to keep upmove hopes alive. Break below this, Nifty may enter fresh down-channel.
Trade with levels.
Happy Trading.
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