Market is expected to open on positive note, we can see Nifty spot to trade around 5505-5515 in opening trade, if Nifty spot sustain above 5515 level we may see buying momentum to continue in midcap space, Nifty spot is having resistance at 5515-5535 above 5535 we may see short covering to initiate in market and it could move till 5550 during the day, whereas Nifty spot is having supports at 5480-5466.
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