MARKET VIEW AND CALLS

Tuesday market is expected to open on negative note, we can see Nifty spot to trade around 5305-5310 in opening , if Nifty spot  trade above 5320 level then only we may get comfort in buying side in market, Nifty is not able to get the momentum at higher side above 5330 level so one should watch the volume action closely to trade at higher side, Nifty spot is having supports at 5305-5285-5270 below 5270 we may see more profit booking to initiate in market and it could slide till 5255 , whereas Nifty spot is having resistance at 5320-5345-5360 above 5360 we may see fresh buying sentiment to build up in market and it could accelerate further higher.