Nifty made a high of 5390 low of 5327 and closed at 5361 which is 35 points up from previous close.
Nifty made a gap up open but came down and filled the gap but some how managed to close higher.
Nifty will be finding resistance at 5450 which will be the 50 % Retracement level from high of 6338 and low of 4531.
On closing above this the bullish trend will get confirmed.
Nifty will find support at 5200.
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