Critical level for any upside seen at 5,488:
``Stock markets in India are expected to witness a narrow positive opening today morning. The critical level for any upside in the NSE Nifty is seen at 5,488. If Nifty trades above this, it may try to target the first resistance 5,506. Any move above this level will face stiff resistance around 5,534 mark. Meanwhile, if the Index continuously trades below the critical level, it can fall towards its major support at 5,447. If Nifty breaks below this, it can find lower support at 5,422,``said the brokerage house JRG Securities.
``Remember we have said 5,680 could be crucial support to watch. Exactly to our expectations spot index shown some resilience around 5,680-5,700 level and rebound with marginal gains. we restrain our previous approach of 5,680 should be very important levels to watch. Below this level current sentiment will further dampens and possibility of losing another 100-150 pts in a short pan of time could be seen,`` said the broking house Mansukh.