Today nifty index has a stiff resistance at 5922. Once if it manages to cross 5922, it might reach 5938 and 5953 too. Above those levels, bulls may take nifty to 5970 and even 5984 levels. On the other side, below 5888 level, nifty may be dragged down to 5871 by bears. More action can be seen only below 5855. Once if nifty manages to cut 5855, it may touch 5840. Final support for bulls acting at 5823 level.
