Nifty closed at 5188.40 (lost 50.75 points). For today, WATCH 5200/5210 CAREFULLY. ABOVE THIS, NIFTY MAY MOVE TOWARDS 5224/5231/5243/5250 ON THE UP SIDE WHEREAS BREAKING 5177 AND 5170 NIFTY MAY HIT 5150 AND 5130 ON THE DOWNSIDE.
From options data,,highest options base has been shifted to 5100 put and 5600 calls. However, as of now 5100/5130 may act as support and 5300 & 5400 will act as resistance in near future.
DISCLAIMER: BEING A TRADER, I MAY HAVE SOME VESTED INTEREST.
