Nifty closed slightly higher at 5317 . So today the first resistance for nifty is at 5333-35 level. Next resistance ranges are at 5349-51,5368-73, 5411-16,5458-62,5481-85,5503-08,5535-40,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5301-99 level. Next supports are at 5283-79,5263-60,5223-18,5196-92,5171-66,5152-49,5110-05,5080-75,5040-35 level.The trend is slightly on bull side but a strong move above 5373 is required for the trend to be strong and on down side if nifty is below 5260 be very alert and avoid long below that level
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