NIFTY CLOSED BELOW 5700 LEVEL AS INDICATED YESTERDAY. NOW MAJOR SUPPORT EXISTS AT 5660. IF IT BREAKS DOWN BELOW 5660 WITH VOLUME, NIFTY WILL TOUCH EVEN 5500 IN NEAR TERM. HOWEVER, FOR THIS SERIES, IT MAY GET A SUPPORT AT 5660. WATCH 5750/5770 ON THE UPSIDE AS RESISTANCE. ABOVE 5770, TARGET IS 5850/6020 IN NEAR TERM. AS PER OPTION DATA, NIFTY MAY TRADE IN THE RANGE OF 5700-5900 IN THIS SERIES.
DISCLAIMER: BEING A TRADER, I MAY HAVE SOME VESTED INTEREST.