Nifty witnessed the volatile sessions back by the f&o expiry. Today it was consolidation close to the level of 5300. Still it is holding the support levels of 5290 to 5300. Closing below this support could drag it till the lower levels of 5200 to 5210 in near term. In the upside the key resistance seems to be around the levels of 5400. We recommend that traders could go for long in nifty future with the intra day stop loss around 5290 for the targets of 5375 to 5380.
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