Markets saw a strong pull back as a result of sharp short covering rally supported by rebounding of rupee and finally ended in green territory. Nifty future was in pull back mood with the start of the session and resisted around 5475 from where certain correction took place. It is consolidating in the range of 5570-5300 since last few sessions which needs a proper breakout on either side. Strength can be said if it maintains above 5500 while 5300 is still acting as major support.
