Technical outlook for the day The outlook for the markets today is that of cautious optimism as the bulls need to hold the Nifty above the 5200 mark consistently. The coming session is likely to witness a range of 5215 on advances, above which the 5240 maybe tested. Support maybe seen at the 5150 levels. The bullish pivot for the session is likely at the 5200 levels and the bearish pivot at the 5190 levels.