If Nifty sustains below 5550, then it could test 5450 and below that level it could test 5400.
Instead, if Nifty trades above 5550, then it could test 5620.
Instead, if Nifty trades above 5550, then it could test 5620.
I have been mentioning 5550, almost for the past one year. Earlier in 2010, it struggled to move past that level. Nifty retraced two times before testing that level. On the third attempt on september 2010 it moved past that crucial level.