Nifty Intraday

Nifty is expected to open around 5400, as long as it can remain above 5380 we can expect a pull-back to upside. A sustained break below 5380 may drag Nifty down even more to 5360-50. If Nifty manages to take support in 5400-5380 range upside targets of 5440, 5450 may be possible. Stock specific action with down ward bias on Nifty may be flavor of the day! Stocks to observe Apollo Tyres, Cipla, McDowel