Nifty closed on a flat trend at 5358 level. So today the first resistance for nifty is at 5405-10 level. Next resistance ranges are at 5425-30,5449-53,5470-75,5515-20,5547-50,5563-66 levels. On downside first support is at 5373-70 level. Next supports are at 5356-52,5332-28,5312-08, ,5275-70,5250-46,5230-25,5195-90,5166-61,5149-46,5128-232,5093-88 level.So today if nifty strongly trades above 5410 the sign is positive and chance are high for the nifty to continue up trend and on downside be alert below 5352 level and avoid longs if nifty is below 5328 level. Positional Support for NIFTY 5325 5308 5290 5268 5237 5153 5132 and positional Immediate resistance for NIFTY is 5404.
Intraday Resistance of NIFTY are 5423.8/5451.9/5483/5520.3/5557.7
Intraday Support of NIFTY are 5356.2/5328.1/5281.1/5261.8/5225.4/5189.1
Intraday Resistance of NIFTY are 5423.8/5451.9/5483/5520.3/5557.7
Intraday Support of NIFTY are 5356.2/5328.1/5281.1/5261.8/5225.4/5189.1
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