Nifty closed slightly higher at 5248 level . So today the first resistance for nifty is at 5267-72 level. Next resistance ranges are at 5285-87,5307-11,5350-55,5373-76, 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 5230-27 level. Next supports are at 5212-07,5175-70,5133-28,5090-86,5040-35 level.Nifty is in slight bear zone but a move above 5300 can bring bull back again in to picture.So today main intraday support are at 5207 and 5170 level and if nifty is below 5170 Sellers can again strike with more strength So be very alert and we expect the upward trend to be bright above 5300 level.
