Nifty trades the gap zone of 5210-5310 today and this zone should now get narrower over a couple of sessions and a break out above 5310 or breakdown below 5210 can be anticipated. VWAP @ close is around yesterday's levels at 5297 and Nifty closes flat at 5258 around the 5-EMA level.
1) The zone of 5210-5310 will be a trading range for intra day players and break out above 5310 will be bullish for targets of 5400-5450.
2) Below 5210, look for support around 5190-5160 levels. Happy trading :)
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