Nifty closed on a bull note at 5240. So today the first resistance for nifty is at 5260-65 level. Next resistance ranges are at 5286-91,5308-13,,5325-30,5350-55,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5222-17 level. Next supports are at 5195-90,5177-72,5147-42,5117-12, 5090-85,5067-64,5045-40,5015-10,4991-86,4968-66,4950-45,4925-20,4894-90,4867-62,4845-40,4815-10,4795-91,4768-65,4750-45,4700-95,4680-75 level.So today upward resistance point are at 5265,5291 and 5313 level and on down side if nifty is below 5190 be very alert and stay away from long. Positional Support for NIFTY 5212 5169 5168 5152 5141 5118 5095 5078 and positional Immediate resistance for NIFTY is 5256.
Oscillator Analysis The oscillator is showing BUY signal The oscillator is on BUY Signal and share is recovering from oversold levelShort Term Oscillator Analysis- and NIFTY in oversold region.
Oscillator Analysis The oscillator is showing BUY signal The oscillator is on BUY Signal and share is recovering from oversold levelShort Term Oscillator Analysis- and NIFTY in oversold region.
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