For Todays Nifty will find support at 5530 and next support is at 5500 and 5570 is having a mild resistance once it got crossed Nifty will go upto 5630 if it crosses this then it will test 5680 but there is less possibility for crossing 5630. At any point between 5630-5680 Nifty may turn its direction downwards.
Levels for Nifty
Support 5530 , 5519 , 5500 , 5473
Resistance 5570 , 5583 ,5600 ,5630
Buy JINDALSTEEL at 632 with stop loss of 626 for the target of 644 , 649
BUY TATASTEEL at 588 with stop loss of 584 for the target of 599 , 604
Buy GVKPIL at 22.85 with stoploss of 22.3 for the target of 23.9 ,24.5
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