Nifty closed weaker at 5339. So today the first resistance for nifty is at 5365-70 level. Next resistance ranges are at 5385-89,5409-13,5430-35,5449-54,5468-73,5490-94,5505-10,5540-45,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5320-15 level. Next supports are at 5291-87,5270-66,5250-47,5212-17,5177-72,5136-31,5104-99,5078-72 level.Nifty again closed lower So today if nifty is below 5290 stay away from long side and next supports we are expecting are at 5208 and 5172 level On upside if nifty is holding above 5390 it is good.
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