By looking at Nifty daily charts, Nifty has made a close below the trend line today, which is acting as resistance for Nifty since last three consecutive days. For Nifty tomorrow, if it is able to cross the resistance level of 5,550 then only some positive moment can be seen but then, it is likely to face stiff resistance at 5,580-5,600 levels. Immediate support for the Nifty is seen at 5,500 levels, if it slips towards lower side then 5,455 may be next support for it whereas 5,430 is its major support level.
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