The market cracked and took support at 5177 and bounced back due to short covering and has closed in the green. Now we could see some more upside to maybe 5416-5490 levels.
The support for the Nifty is at 5200 and resistance at 5416-5490
BSE Sensex: (17729) the crucial support on the Sensex on the downside is 17500 and resistance at 18077-18318
