Nifty made a high of 5645 during the opening and from there the sell off started and it made a low of 5555 for the day and closed at 5567.
For the past 6 trading sessions Nifty is moving in between 5654 and 5541 (113 points) with out making any clear signal,
The trend will change on breaking any of this level, on breaking 5654 Nifty can go upto 5750 and on breaking 5541 Nifty can go upto 5450 and 5400,
the probability is more on the down side.
Short SBIN inbetween 5480-5495 with stop loss of 2515 for the target of 2430 , 2400
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