Nifty Where to Move 5300 or 5500?

This is a million dollar question where nifty may go first 5300 or 5500. Nifty Already made a high of 5445 from there it got sharp correction. If Nifty really have some strength then greater chance that nifty first go to 5300 for healthy correction before moving to new high.

World cues are not still ok, US economy is not showing expected strength, growing at smaller pace.That would definately impact secondary market. Nifty would not in much hurry to make new high.

So Niftysuretips.com view is that we are looking for 5300 first.