Nifty almost reached the 200 DMA levels of 5744 on friday and then corrected quite heavily towards the end to close the session at 5661.
The expectation is that markets will move rangebound for the month and right now a move towards 5558 levels is possible from where markets can give another bounce back towards the 200 DMA levels.
Resistance levels : 5672, 5685, 5722
Support levels : 5651, 5632, 5583
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