It had importance as it was 78% Fibonacci Level of the swing measured 23rd-30th Oct Weekly Candle to 18th-25th Dec Weekly Candle. If the rally which nifty witnessed had been a relief rally it would in all probabilities would have terminated at around those levels give or take few points. Sir that is why at the time of the post it (5213) was of value. Once it was taken out that just meant other higher levels were open to be touched. Now 5434 is of more importance than 5213.

got it nikhil thanks