*Nifty 50 - UPDATE*
In last trading session Nifty made high 10553, low 10282 and closed at 10305. Nifty reached near our target of 10530 and from there we saw Profit booking in the market and Nifty slide up to 10280.
Nifty faced resistance near its 200 DEMA ,which is placed at 10530, thus one should be cautious on higher levels, on downside the range of 10250-10200 act as an important support for immediate term, if it break this support then it can slide up to 10100.