YESTERDAY NIFTY GAVE A POWERFUL CLOSE ABOVE 5745 BUT TODAY IT FAILED TO CAPITALISE ON THE SAME AND WE WITNESSED ALL ROUND SELLING IN MARKETS DURING CLOSING SESSION. NIFTY FOUND SUPPORT AROUND 5650 AND FINALLY CLOSED AT 5672. STILL WE HAVE HIGHEST OI BUILT UP AT 5600 PE SO 5600 MARK IS NOW IMMEDIATE VERY CRUCIAL AND STRONG SUPPORT FOR NIFTY. MARKETS SEEM TO BE DIRECTIONLESS AND WE REQUEST TRADERS TO TRADE IN SMALL QUANTITIES AND TO EXERCISE VERY STOCK SPECIFIC APPROACH WHILE TRADING.
SUPPORT 5650-5630
RESISTANCE 5687-5720
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