• Major Intraday  resistance - 5276 (200 4H  MA)
   
• The index has taken support near 200 H MA and slightly recovered  from that level.It is currently trading around 5235.
   
• Overall trend is weak as long as the resistance 5276 (200 4H MA) holds. 
   
• Any break above 5276 will take the index to next level till 5300/5325. 
   
• On the lower side, support is around 5205 (200 HMA) and any violation below that level will drag the index till 5140/5100/5075 in the short term.
   
• Overall bearish invalidation only above 5430
  
  It is good to sell on rallies around 5235-5240 with SL around 5276 for the TP of 5145/5100.