by ecom

Technically the market is still weak and the recent low of 5,135 can be tested and the next logical target on the down side is 5,117...strong resistance 5,260 zones. The market unfolded holding on to our first line of defence of 5,170 and closing flat...technically the market is still weak and may see some more upside to around 5,280-5,290 zones.

The crucial support for the Nifty is at 5,180-5,135-5,1
17 and the resistance is at 5,380-5,390

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