Nifty closed on storng bullish note at 5531 . So today the first resistance for nifty is at 5562-67 level. Next resistance ranges are at 5577-81,5603-08,5623-28,5660-65,5690-95,5718-23 levels. On downside first support is at 5508-05 level. Next supports are at 5486-82,5465-60,5448-43,5427-24,5403-00,5373-68,5355-50,5323-18,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05 level.Bulls back in the action now the next target seems to be at 5604 So today unless there is a move below 5400 bulls does not have the reason to worry and for intraday hurdle are at 5567 and 5608 level and support are at 5486 and 5460 level.
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