As per the movement of Nifty is last week nifty is trading in the region of 5350 – 5490. Whenever the markets are reaching these important levels we have seen sharp pullback in the other side. from many weeks we have seen Nifty is facing stiff resistance Near 5480 – 5490 Levels and lots of Supply is made to make sure market don’t cross these levels. Same time we have witness good support near 5350 levels whenever nifty is reaching this range lots of demand is coming and holding this important levels. Clearly market looks to be in range of 5350 – 5490 for coming time. Fresh buying interest can be seen above 5490. If nifty closes above this level then the Next target is 5550 which is resistance produced by the Upper channel formation. Nifty may look weak below 5350 on closing basic. Bank Sectors are performing good and supporting the market during the fall. Lots of Buying is done in major bank sectors. There is stock specific movement in the Market. Some stocks are ready to fly and we are keeping our eyes on them. we give recommendation is such Shares under the package “Short Term jackpot calls “