NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR AUGUST - 22 MONDAY

Indian equities open at 12-14 month lows, today stock market closed on negative note. Nifty continu the down trend. NSE benchmark nifty closed on 4845.65 down by 98.5 or 1.99% and BSE sensex closed on 16141.67 down by 328.12 points or 1.99% BSE Sensex crashed below the key level of 16,000 and hit the day’s low at 15,987.77 and nifty 4792.10
Nifty future closed on 4850.00 down 88.05 points or 1.78% from the previous close. Intraday high 4903.30 and day low 4801.10 for current month.
Nifty future Levels:
Resistance : 4920 and 5000 points.    Support : 4810 and 4760 points.