Nifty now will face resistance at 5420and 5470 and when it breaks 5328 the next target will be 5255.
For today we can expect a slight up move from 5350.
Levels for today
Support 5350 , 5328 , 5316 ,5300
Resistance 5381 , 5400 ,5420
Short M&M at 655 with stop loss of 666 for the target of 630
Short VIJAYABANK at 69.8 with stop loss of 71.1 for the target of 67 ,65
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