Nifty closed on a slight positive note at 5243 . So today the first resistance for nifty is at 5267-72 level. Next resistance ranges are at 5291-96,5332-37,5371-76, 5412-17,5432-35,5458-62,5481-85,5503-08,5535-40,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5218-14 level. Next supports are at 5196-91,5155-50,5120-15,5102-98,5080-75,5040-35 level.Nifty manages to close above 5200 So today if nifty trades above 5300 we expect slight positiveness and on the other side if nifty again slips below 5190 then the bears will have the upper hand.So be cautious at both these level
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