''The market is expected to be positive in the coming trading session. In the last 2-3 trading session Nifty manages to trade and close above the 10 and 28 period moving averages. The Nifty is hovering around 10 and 28 period moving averages which is very strong resistance zone. The immediate resistance is seen at the 5,280, if Nifty managed to sustain above 5,280 level, then the it may rally further towards 5,410 level. On the downside, 5,090 would act as a strong support level for the markets. A breach of this level would increase pessimism and Nifty may test 5,020 levels, said broking firm CapitalVia Global Research, while opining on the market outlook.
''The major resistance level seen at 5,280 and 5,410 and major support level seen at 5,090 and 5,020,'' it opined.
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