Nifty after making its 22 month high finally paused. Nifty faced resistance at 5300 levels. In the last 2 days the candlestick pattern suggested that there will be some pause in the current rally that started after the breakout above 5200 levels. Attached here with the previous day chart also. Nifty faced resistance at 5300 levels in the past also. We might some correction in the future. Midcap will continue to do good. Profit booking was seen in the banking & financial. AUto and the Pharma stocks too corrected heavily, that lead Nifty to close at 5256.50 down by 25. Nifty will find support at the 5200 levels.