Nifty is not able to make a decisive move on either side on downside 5380 acts as a great support and in the upside 5600-5650 act as a good resistance only if it breaks on either side nifty will make a decisive move.
Levels for today
Support 5410 , 5380 , 5354
Resistance 5480 ,5502 , 5536
Short AXISBANK at 1280 with a stop loss of 1295 for the target of 1256 , 1241 , 1230
Short JINDALSTEL at 658 with a stop loss of 666 for the target of 646 , 640 , 633
Short NTPC at 176.2 with a stop loss of 177.5 for the target of 173.5 , 171.8 , 170
Short DCHL at 70.5 with a stop loss of 71.75 for the target of 67.5 , 66 ,64.5
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