Nifty: Resistance 5275/5315/5333/5355/5385
Support 5251/5222/5210/5190/5165
Nifty opened firm in the morning trade but off highs during the afternoon trade, but it regained in late trade though. Today, Nifty may open gap up with 10-15 pts, in line with Asian market. Nifty has good intraday support @ 5251 & @ 5222 on lower side. Expect Nifty to bounce back from these levels. Below 5222, Nifty may tests 5210-5190 zone. On up side, resistance pegged @ 5275. Sustaining above it, Nifty may head towards 5300+ zone. Resisting zone @ 5315 - 5333. If nifty doesn't hold, we may see booking setting in from this zone.
Trade with levels.
Happy Trading.
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