Nifty trades in the entire range of past few days and closes above 5600 level today. VWAP @ close is 5608. Nifty closes at 5614.
1) Bullish range for tomorrow is 5625-5665-5735.
2) Below 5595, Nifty could fall to 5555-5500.
3) Nifty will make an attempt once again to close above 200-SMA level once again, which is a level to be keenly watched now. This scenario could pan out with gap up opening and short covering rally to close above 5735-5765 levels. Happy trading!
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