The tipping point for the day is at 5896 and the immediate resistance above this point is at 5907 and then 5925 and 5953.
On the flip side the immediate support is at 5890, 5875, 5830 and 5763.
Our outlook is of continued weakness and traders may initiate fresh shorts in case of any upside and mid- term investors may look for investment opportunities in key stocks especially performing banks.
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