Nifty is in channel A-B from past couple of months. Yesterday with the fall, Nifty has now reached the support zone @ down channel A. Immediate good support zone @ 5190-5150. If held, expect Nifty to bounce back towards 5275-5333 in coming session. On upside, Nifty has strong resistance @ 5339-5385. A close above it, nifty may head towards a fresh break.
Intraday, support @ 5190-5165 & Resistance @ 5222-5255.
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