NIFTY CLOSED BELOW 5660 LEVEL MARGINALLY. AS INDICATED YESTERDAY, IF NIFTY BREAKS DOWNSIDE BELOW 5660 WITH VOLUME, IT MAY HIT 5500 LEVEL IN NEAR FUTURE. TODAY'S STRONG SUPPORT IS AT 5640 AND 5615. WATCH IF NIFTY HITS AROUND 5615 AND BOUNCE BACK. IF BOUNCED BACK WITH VOLUME, WE MAY EXPECT NIFTY FOR 5700/5780 FOR THIS SERIES. AS PER OPTION DATA, NIFTY MAY TRADE IN THE RANGE OF 5600-5800 IN THIS SERIES.
DISCLAIMER: BEING A TRADER, I MAY HAVE SOME VESTED INTEREST.