Nifty made a low of 5225 high of 5289 and closed at 5269 which is 34 points up from previous close.
Nifty will find resistance at 5290 on crossing this it can go to 5350.
But fresh buying or shorting is not advised at this level more volatility is expected at this level.
Shorting can be considered only below 5220 with stop loss of 5290 for the target of 5120 and 5050.
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