Nifty closed slightly up at 5332 level and slightly in comfort zone. So today the first resistance for nifty is at 5343-48level. Next resistance ranges are at 5367-72,5384-87, 5414-18,5458-62,5481-85,5503-08,5535-40,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5303-00 level. Next supports are at 5280-75,5249-45,5230-25,5192-87,5148-43,5128-24,5108-04,5088-83,5040-35 level.Nifty is in slight comfort zone but be alert as this is in a narrow position So today if nifty could move above 5372 we expect the bull trend to continue and on down side be alert only below 5300 and if below 5275 sellers can took the control.
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