Technical outlook for the day Technically speaking the outlook for the markets today is that of guarded optimism as the bulls need to hold the Nifty above the 5270 mark consistently. The overseas cues may drag on the sentiments. The coming session is likely to witness a range of 5315 on advances, above which the 5335 is likely. Support maybe seen at the 5235 levels, below which the 5190 maybe seen.