Nov/03/2011 Nifty was on a flat trend and closed at 5257. So today the first resistance for nifty is at 5279-84 level. Next resistance ranges are at 5312-17,5355-60,5401-06,5447-52,5468-74,5488-93,5563-68 levels. On downside first support is at 5233-29 level. Next supports are at 5210-07,5193-90,5164-60,5127-23,5090-86,5065-61,5048-44,5002-97,4968-62,4950-45 levels. The positive is nifty still above 5190 but be very alert and better avoid longs below 5190 level.On upside main intraday resistance are at 5279-84 level and 5310-18 level
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