NIFTY OUTLOOK

Tomorrow likely range

5310-5284-5266-5259-5221-5210.

Today Nifty closed at 5241

Supports comes at 5233-5231-5225-5218. Break of all on the other hand will create panic in the index for 5163-5135. So far today Nifty future has broken and closed below the hourly channel created in last few sessions. Sustaining below 5250 will be not at all good for bulls in the coming sessions.

Hence, I THINK that NIFTY higher level charts will go into the SELL mode in a couple of day time or even earlier.