Today’s supports for the NIFTY are placed at the 5480 and 5500 levels whereas resistances are placed at the 5555 and 5580 levels.
NIFTY (5,532.05) SU—5480--5500 RE—5555--5580.
Sustenance above the 5450—5480 zones will see the NIFTY gradually rally to once again test its key resistance zones of 5600—5625 levels on the upside.
The 5480—5450 zone will act as good near term support for the NIFTY on the downside.
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