Markets made a new year high close yesterday, closing above the 5300 mark after hitting the resistance level of 5330.
The rally can test the levels of 5370 which will offer a very strong resistance and markets likely to correct from that level.
There could be couple of more sessions where markets could be in range. As of now 5256 level acts as a strong support.
Resistance levels : 5311, 5336, 5370
Support levels : 5294, 5275, 5256
Happy Trading
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