5280-5300 WILL BE THE RANGE OF STRUGGLE BETWEEN BULLS AND BEARS.

TODAY NIFTY MAY OPEN NEAR 5250 AND IF SUSTAINS ABOVE IT MAY TARGET 5280 WHERE PROFIT BOOKING IS EXPECTED.

IF NIFTY OPENS NEAR 5250 AND COULD NOT CROSS ABOVE IT THEN NIFTY MAY CONTINUE TO TRADE IN RED COLOURED CHANNELL

ABOVE 5300 IF HOLDS THEN WILL AGAIN MOVE IN UPTRENDING GREEN CHANNELL