Nifty closed on a weak note at 5194 . So today the first resistance for nifty is at 5213-17 level. Next resistance ranges are at 5230-35,5263-68,5295-00,5338-42,5371-76, 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 5174-70 level. Next supports are at 5155-50,5118-13,5080-75,5040-35 level.Nifty again closed below 5200.So today we expect the nifty will be sided with bear if there is a move below 5150.At this point a strong close above 5300 will be the hope for bulls
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