Nifty closed on a flat trend at 5358 level. So today the first resistance for nifty is at 5380-84 level. Next resistance ranges are at 5397-00,5415-18,5432-35,5449-54,5470-75,5507-12,5530-34,5547-50,5563-66 levels. On downside first support is at 5330-25 level. Next supports are at 5305-00, ,5272-68,5250-46,5230-25,5195-90,5166-61,5149-46,5128-232,5093-88 level.So today if nifty strongly trades above 5384 it is a positive sign and on downside be alert below 5330 level and avoid longs if nifty is below 5300 level. Positional Support for NIFTY 5321 5310 5280 5266 5263 5232 5151 5129 and positional Immediate resistance for NIFTY is 5386.
Intraday Resistance of NIFTY are 5372.6/5384.5/5416.7/5451.8/5471.3/5508.4/5545.5
Intraday Support of NIFTY are 5343.7/5331.8/5270.8/5251.6/5215.4/5179.4
Oscillator AnalysisShort Term Oscillator Analysis- and NIFTY in oversold region.
Intraday Resistance of NIFTY are 5372.6/5384.5/5416.7/5451.8/5471.3/5508.4/5545.5
Intraday Support of NIFTY are 5343.7/5331.8/5270.8/5251.6/5215.4/5179.4
Oscillator AnalysisShort Term Oscillator Analysis- and NIFTY in oversold region.
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