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 withness a range of 5235 on advances, above which the 5255 maybe tested. Support maybe seen at the 5165 levels, below which the 5135 maybe seen. The bullish pivot for the session is likely at the 5200 levels and the bearish pivot at the 5185 levels.