Nifty closed on a slight bear note at 5215. So today the first resistance for nifty is at 5230-34 level. Next resistance ranges are at 5252-55,5281-86,5313-18,5351-56,5370-72,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5185-80 level. Next supports are at 5167-64,5149-46,5113-07, 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 if below 5180 be very alert and avoid longs if nifty sustains below that level and on upside intra resistance will be felt at 5234,5255 and 5286 level. Positional Support for NIFTY 5176 5168 5151 5137 5130 5097 5080 and positional Resistance for NIFTY is 5233 .
Oscillator Analysis The oscillator is showing BUY signal Short Term Oscillator Analysis- and NIFTY in oversold region.
Oscillator Analysis The oscillator is showing BUY signal Short Term Oscillator Analysis- and NIFTY in oversold region.
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