Markets ended with smart gains on Friday on cues from global pers. The Sensex added 357.72 points or 2.09% to 17,503.24. Nifty added 113.10 points at 5,333.30.Global markets ended higher with exports leading gains. The Nikkei added 1.6% to 9,929. Shanghai Composite and Hang Seng added 0.8% each.

Nifty Futures shut stop at 5364.15 up by 105.45 points or 2.01 % %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5300 else above resistance level of 5380 it would be in an upward trend. Bank Nifty Futures shut stop at 10574.20 up by 347.55 points or 3.40 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10000 else above resistance level of 10600 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5380 & above this level the next resistance is seen near the 5440 mark.

SUPPORT: It has first support close to the level of 5300 & below this level the next support is seen near 5200 mark.