Nifty closed on a slight bear note at 5227. So today the first resistance for nifty is at 5254-58 level. Next resistance ranges are at 5275-79,5292-00,5325-30,5347-50,5363-68,5400-05,5422-27,5449-54,5468-73 levels. On downside first support is at 5200-95 level. Next supports are at 5180-75,5153-49, 5135-30,5096-91,5074-71,5054-49,5035-32,5014-09,4984-79,4958-53,4917-12,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today if nifty is below 5200 be alert and below 5175 avoid all longs and on upside buy signal is only above 5279 level.Positional Support for NIFTY 5182 5163 5092 5084 5082 5054 and positional Resistance for NIFTY is 5257 5301 .
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