NIFTY SUPPORT AND RESISTANCE LEVELS.

Nifty is stuck between 20SMA and 50SMA.Nifty had faced stiff resistance @ 50SMA @ 5338 for 2 days and could not close above it.A close above 50SMA is bullish and bulls will have upperhand from here.Similarly Nifty is having support @ 20SMA 5265 and another support of falling trenline.A close below trendline and 20SMA,Nifty will be bearish and bears will try to pull it down to the lower band of the bollinger band which is @ 5155.