Nifty closed almost unchanged at 5415 level. So today the first resistance for nifty is at 5430-34 level. Next resistance ranges are at 5449-54,5470-75,5506-11,5547-50,5563-66 levels. On downside first support is at 5388-83 level. Next supports are at 5363-58,5330-25,5305-01,5263-58,5245-42,5225-20,5192-87,5170-65,5149-46,5113-07 level.So today intra resistance are at 5434,5454 and 5475 level and on downside be alert below 5383 level and avoid longs below 5358 level. Positional Support for NIFTY 5358 5322 5252 5250 5222 5159 5148 5105 and positional Immediate resistance for NIFTY is 5460.
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.
No comments:
Post a Comment