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- Major resistance - 5220
- ASX200 has broken major resistance 5158 and jumped till 5220 yesterday. It is currently trading at 5193.
- Short term trend is lightly bullish as long as support 5150 holds.
- On the higher side any break above 5220 will take the index to 5275/5300/5325.
- The major intraday support is around 5150 and any break below major support 5130/5100.The minor support is around 5180.
It is good to buy at dips around 5180 with SL around 5145 for the TP of 5225/5275
