Markets Outlook for Tomorrow 22-Feb

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Today market opened flat and traded with choppiness almost all the day, but in the last trading hour the markets took stellar U-turn and not only recovered the losses of morning trade but made the gains of around 1%.

For intraday tomorrow, trend deciding level is at 5,500. If Nifty manages to trade above 5,500 level, then rally to 5,550/5,580/5,625 levels may be seen. If Nifty does not show strength above 5,500 levels then selling till 5,460/5,400 may also be seen.

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