NIFTY
SUPPORT: 5366-5316-5229RESISTANCE: 5504-5590-5641
Major Results Today:Bharti Airtel,Essar Ship,Great Offshore,Hero Honda,Jai Corp,Jet Air India,vardhman Tex,Voltas,Wockhardt.
Realty, Auto, FMCG and Capital goods stocks are showing weakness
Yday Nifty closed at five month low. DJIA and Nasdaq are showing strong up trend. Realty, Auto, FMCG and Capital goods stocks are showing weakness. For Today key level is 5455 if nifty future sustain above it than may rally upto 5500-5550. below this bull will have upperhand and may drag nifty future upto 5400-5460 levels. 5550 is weekly resistance. any 2 closing above this may turn short term trend up from downside.