Will market scale new high ?

.“The wise are instructed by reason, average minds by experience, the stupid by necessity and the brute by instinct”


Cicero



Yesterday Nifty was managed regain its lost ground. Bank Nifty made a new high and now it stands at those levels which we saw in 2008.
Nifty has to close above its recent high of 5450-5477 then only it may have some upward momentum. Now the support for Nifty is at 5350.
 Most of the Infra stocks have come out of consolidation zone with rise in volume also.

Era Infra has support at 210  and resistances are at 235 / 250.