Nifty broke first 3 hours range both sides today,Firstly down and then up. As sentiment is highly depressing and whole market turned seller therefore such voltality is being seen. Until market will not form solid base and cross minimum one crucial resistance will not clear till then any decisive up move will not be seen.
As intraday support seen at 5410 today therefore next trend preperation range is 5410-5580 and its break out will be watched for next moves confirmations. As market will be news based also therefore UPA and Libya news should also be seen for next immediate move confirmations.