If Nifty sustains below 5270, then it could test 5200 and below that level it could test 5170.
Instead, if Nifty trades above 5270, then it could test 5290 and above that level it could test 5330.
Instead, if Nifty trades above 5270, then it could test 5290 and above that level it could test 5330.
Short term Technical View of Nifty
For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4730. Instead, if it trades above 4950, then it is likely to test 5450.