NIFTY SUPPORT 5170-5125-5090 WHILE RESITANCE 5260-5295-5340
TRADING RANGE WOULD BE 5180-5270
Yesterday the NSE index opened sharply lower today tracking weak global cues. The index open at the point of previous closing, and through out day the index remain red, but when European market open than the actual pressure felt by the nifty, the top looser were SAIL with 4.5% JPASSOSIATE with 4.5% and reliance with 4%while the top gainer was SUNPHARMA. In NSE MIDCAP the top gainer was RNRL while the top looser was IBREALEST. Today is the expiry of month April. So the market can cover itself at lower level, today the support would be at 5176, while the resistance would be at 5282.
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