Nifty Trend For Tomorrow 24-Feb

Today being the futures expiry day Nifty showed selling pressure for second consecutive days. Nifty has some support in 5,450-5,400 zone. If Nifty respect this zone then recovery may be seen else selling pressure may be continuing. On Upside, Nifty has resistance in 5,550-5,600 zone. 

For intraday trading tomorrow, trend deciding level is 5,480. If Nifty shows strength above 5,480 levels, then rally to 5,530-5,550-5,600 may be seen. If Nifty does not show strength above 5,480 levels then selling pressure till 5,450-5,400-5,350 may also be seen.