Nifty corrected a bit on friday, but still the overall pattern suggests bullishness and this week could see the markets going for an upside breakout.
Volumes have been steady and Nifty is also hovering in a tight range very near to the upperband. Any move above 5288 will push the markets to retest the levels of 5310 and can also push it to 5385 levels.
Resistance levels : 5255, 5285, 5311
Support levels : 5234, 5216, 5201
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