Nifty remained under pressure throughout the day and hovered around the 5,450 levels. It showed selling pressure from resistance near 5,500 levels and closed in deep red. In coming trading sessions if Nifty trades below 5450 level, then we can see more selling pressure. Immediate resistance for Nifty is seen around at 5,505-5550. In case of further downside, Nifty may find support around 5,375.
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