Yesterday market shown a sign of correction and closed at important level of 5350. In downside, now no major support comes before 5300. Minor supports may count at 5340, 5318. In upside 5370, 5392 & 5400 are some resistance levels. We mentioned few days back thatwe are sitting positional short in NIFTY SEPT and still we are not in hurry to clear positions until a major breakout doesn't come on upside. This trend or minor fall may consider as consolidation but current political developments creating some extra pressure on markets. Important levels in SPOT NIFTY for today mentioned below- RESISTANCE: 5370, 5392, 5400 SUPPORT: 5341, 5328, 5309, 5292..

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