Nifty finds the cluster support @ 5450 for a bounce & closes above most Low emas.

Having closed above most Low emas and if sustained, Nifty is likely to get into a trading range. Earlier supports of @5625 & 5690-5720 will act as resistances.
Pause/ consolidation might set up the next down move scenario. However an immediate fall is likely to find supports @ 5400 zone.
For the aggressive trader, trading above the pivot has given good intra day gains and closing above the pivot may give initial gains. Trading moves are to be expected in the coming week.