Nifty chart

Nifty spot:5369 cmp

Trend:very strong (since closing above 3 day high ma)

3 Day high ma @ 5337

3 Day close ma @ 5322

3 Day low ma @ 5268

Nifty is nearing the weekly parallel line target at 5430-5450.Now the 52 high(5320-5330) breakout level becomes support for short term.As far as it nifty holds above 5320-5330 the
weekly target is intact.

Nifty pivot:

S2-5292
S1-5330
Pivot-5354
R1-5392
R2-5416