The Nifty is bearish and this has been confirmed with the today's closing session. The range for the next session may be 5,573-5,506 with the support at 5460 and the resistance may be at 5600/5650. View for the day is Sell at CMP at every rise because the market is heading towards the level of 5,250 in coming days. In the next session, Bank Nifty is again expected to trade in the range 10,766-11,159. Beyond the given range 10,550 may act as strong support level and 11,291 may be another resistance level.
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