Nifty closed on a slight bear note at at 5669 level after the strong bull move of last day. So today the first resistance for nifty is at 5690-95. Next resistance ranges are at 5715-20,5737-41,5775-80,5796-01,5828-32,5858-62 levels. On downside first support is at 5645-40 level. Next supports are at 5623-19,5589-84,5566-62,5533-29,5490-86,5460-56,5440-35,5412-08,5383-78,5348-43,5325-20 level.So today intra resistance will be at 5695,5720 and 5741 level and on down side be alert below 5640 and avoid longs below 5620. 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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