Today’s supports for the NIFTY are placed at the 5440 and 5455 levels whereas resistances are placed at the 5510 and5530 levels.
NIFTY (5,482.80) SU—5440--5455 RE—5510--5530. The 5425—5450 levels are the key near term support levels for the NIFTY on the downside and sustenance above the same would see the NIFTY remain within the broad trading range of 5450—5600levels.
On the upside, the 5520—5550 levels will act as stiff resistance zone for the NIFTY.
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