Nifty was moving with in range of 5652.9-5601.7 and it closed at 5616.1. As 5600 act as a good support Nifty turned from there.
As today is Infosys quarterly result getting announced it will be the trend decider of the market.
Levels for Today
Support 5600 , 5576 , 5555 , 5530
Resistance 5635 , 5655 , 5675 , 5690
Short IDFC at 133 with stop loss of 136 for the target of 127
Short SBIN at 2448 with stop loss of 2475 for the target of 2385
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