Nifty closed weaker at 5429 but still slightly above the support zone. So today the first resistance for nifty is at 5447-50 level. Next resistance ranges are at 5464-66,5490-95,5517-20,5543-48,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5401-96 level. Next supports are at 5365-60,5333-28,5313-08,5295-90,5260-55,5232-27,5195-90,5153-47,5130-25,5108-05 level.Today the trend is crucial if nifty is trading below 5400 be very alert and below 5360 we expect the sellers will take the control and further if nifty goes below 5310 there will change in short term trend.On upside better keep away from long side until nifty strongly trades above 5500
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