Today’s supports for the NIFTY are placed at the 5510 and 5530 levels whereas resistances are placed at the 5590 and 5610 levels
NIFTY (5,560.15) SU—5510--5530 RE—5590--5610. The index still has stiff resistance on the upside between the 5600—5650 levels. Failure to cross the above mentioned resistance levels could see the NIFTY pullback towards the 5500—5475 levels.