Today’s supports for the NIFTY are placed at the 5480 and 5500 levels whereas resistances are placed at the 5550 and 5575 levelsNIFTY (5,521.05) SU—5480--5500 RE—5550--5575.
The NIFTY will remain within broad ranges of 5600—5450 levels until; it breaks above the 5600 levels or goes below the 5450 levels.
The 5450 levels will be the key near term support for the NIFTY on the downside. Upside resistances are placed at the 5600—5625 levels.
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