Nifty Futures opened on gap down note for consecutive second day and closed in red. Nifty Futures has some support in 5,370-5,330 zone and resistance in 5,500-5,550 zone. Nifty Futures may trade in this range for some days. For daily purpose, trend deciding level is at 5,450. If Nifty futures shows strength above 5,450 levels, then rally to 5,500/5,550 levels may be seen. If Nifty does not show strength above 5,450 levels then selling pressure till 5,370/5,340 may also be seen.
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