Nifty Support and Resistance For Tomorrow

Nifty made the new high today and also hold the higher level of 5200. In the Nifty future the next crucial resistance is 5305. We expect that market could stay at this point for some time. In the downside we could see the good intra day support base at the range of 5150 to 5175. I recommend that traders should go for long in Nifty at every correction until it closes below the level of 5175 to 5180.If Nifty holds the 5300 level and close above it we could expect the level of 5370 in short term.