Friday markets swayed a lot during intraday and in the end closed on a high note above 5300 as well as the 20 DMA.
Any move above 5332, would bring back the bullishness and it is more of bullish than bearish as we enter into the expiry zone.
The options data on friday saw accumulation of 5300 and 5200 puts and unwinding in 5400 calls, which is also suggesting bullishness.
The key levels to watch out for the week are resistances at 5354, 5406, 5440 and support at 5263, 5198, 5120.
The levels for today
Resistance levels : 5332, 5367, 5384
Support levels : 5285, 5269, 5238
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