• Major resistance -5447 (55-day EMA).
   
• Major support - 5385 (90- day EMA).
   
• The index has taken support near 90-day EMA and slightly recovered from that level.It is currently trading around 5418.
   
• On the higher side,minor resistance is around 5450 (support turned into resistance) and any break above 5450 will take the pair to next level till 5500/5520 (9- day EMA). The index should break above 5625 for further jump till 5700.
   
• The major support is around 5385 (90 day EMA) and any break below targets 5300 (cloud bottom) in the short term.    
  
   It is good to sell on rallies around 5455-5460 with SL around 5520 for the TP of 5360