Markets traded in a tight range for most part of the session but ended on negative note ahead of Inflation data. Nifty future took stiff resistance around 5280 and traded on lower levels and again took support around 5220 for the second consecutive session. If nifty surpasses 5200 mark then 5160 is seen as support for it. While on higher side if it crosses 5280 then it may move towards next resistance level of 5330.
TREND: SIDEWAYS
SUPPORT: 5200 & 5160
RESISTANCE: 5280 & 5330
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