``For Thursday market, we feels nifty to cross 5,500 in early trade, as Indian market sentiment are good & FIIs are continuously pouring money in the market, also RIL Inds is near its support level & a bounce back cannot be ruled out. Nifty`s fresh targets are now 5,535 & 5,606, whereas on downside nifty has good support at 5,463 & 5,420,`` said the broking house Indira Securities.
Nifty has good support at 5,463 & 5,420: