Nifty closed on a strong bull note at 5282. So today the first resistance for nifty is at 5300-04 level. Next resistance ranges are at 5322-25,5341-43,5358-62,5380-83,5398-03,5422-27,5449-54,5468-73 levels. On downside first support is at 5262-59 level. Next supports are at 5242-37,5218-15,5202-00,5179-75,5149-46,5113-07, 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 upward resistance are at 5304,5325 and 5343 levels and on downside if nifty is below 5237 be very alert and avoind long below that levels.
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