Nifty closed on a strong bull note at at 5691 level and formed a new one year high. So today the first resistance for nifty is at 5704-10. Next resistance ranges are at 5733-37,5778-83,5810-15,5858-62 levels. On downside first support is at 5644-40 level. Next supports are at 5620-16,5597-92,5550-46,5523-18,5490-86,5460-56,5440-35,5412-08,5383-78,5348-43,5325-20 level.So today intra resistance will be at 5710,5737 and 5783 level and on down side be alert below 5640 and avoid longs below 5592.Positional Support for NIFTY 5490 5412 5385 5335 5303 5285 5177 5153 and positional Immediate resistance for NIFTY is 5731.
Intraday Resistance of NIFTY are 5737.6/5784/5861/5810.2/5849.4
Intraday Support of NIFTY are 5644.7/5598.3/5521.3/5502.1/5464.2
Oscillator Analysis The oscillator is showing BUY signal Short Term Oscillator Analysis- and NIFTY in oversold region
Intraday Resistance of NIFTY are 5737.6/5784/5861/5810.2/5849.4
Intraday Support of NIFTY are 5644.7/5598.3/5521.3/5502.1/5464.2
Oscillator Analysis The oscillator is showing BUY signal Short Term Oscillator Analysis- and NIFTY in oversold region
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