Nifty continued the upward journey and closed higher at 5158. So today the first resistance for nifty is at 5171-74 level. Next resistance ranges are at 5185-88,5213-18,5258-63,5340-45 levels. On downside first support is at 5143-40 level. Next supports are at 5130-28,5111-08,5084-80,5068-66,5049-44,5030-26,5003-99,4987-83, 4963-60,4940-36, 4899-95,4872-68,4863-59,4842-38,4812-07,4759-55,4758-54,4707-02,4683-78 level.The trend is in positive side but be alert as oscillators are in overbought zone so better put stop loss for short term position.On upside there may be resistance between 5220 and 5265 level. So today the main intraday resistance ranges are at 5185-88 and 5213-18 level and on down side main intraday support level are at 5128 and 5108 level
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