If Nifty sustains below 5295, then it could test 5250 and below that level it could test 5200.
Instead, if Nifty trades above 5295, then it could test 5325 and above that level it could test 5360.
Instead, if Nifty trades above 5295, then it could test 5325 and above that level it could test 5360.
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.