Nifty closed slightly higher at at 5390 . So today the first resistance for nifty is at 5410-15 level. Next resistance ranges are at 5425-28,5437-40,5460-65,5495-00,5521-25 levels. On downside first support is at 5371-67 level. Next supports are at 5354-50,5335-32,5321-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05,5068-63,5049-45,5007-02,4990-85, 4963-60,4950-47,4907-02, level.Nifty is now facing pressure at 5420 ranges and a move above 5430 is required for the bull rally to continue and on downside be very alert below 5318 and better avoid long below that level
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