Today’s supports for the NIFTY are placed at the 5500 and 5525 levels whereas resistances are placed at the 5580 and 5600 levels.
NIFTY (5,556.15) SU—5500--5525 RE—5580--5600. The 5600—5625 levels would be the near term upside targets for the NIFTY, if it sustains above the 5500 levels. The 5500—5450 levels will act as good support for the NIFTY on the downside.
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