Nifty for the day made a low of 5035 it never turned back it made a high of 5149 and closed at 5140 near the high which is 108 points up from the previous close.
Nifty will now face resistance between 5170-5230 which is the crucial level this make or break will be decided by FOMC statement which is scheduled tomorrow until that there is less possibility of breaking 5200 level.
Now the immediate support comes at 5110 and 5070.
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