Nifty may trade in range of 5,230 & 5,250:
``For today`s trade, Nifty is likely to trade in the range between 5,230 & 5,250 in the upper side and 5,180 & 5,130 in the lower side,`` said the broking house Indira Securities. ``The markets closed with significant gains on Friday with Nifty closing above its psychologically important level of 5,200. Oil & gas, consumer durables, tech and metal were the lead gainers while realty remained the biggest laggard in today`s session,`` it added. Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.
Nifty has resistance at 5,261 / 5,278 levels while support is at 5,219 / 5,191 levels, said Edelweiss Research while opining on the trends of equity markets for the day.