Nifty closed on a bear trend at 5225 level. So today the first resistance for nifty is at 5257-62 level. Next resistance ranges are at 5282-87,5315-20,5353-58,5389-94,5422-25,5447-52,5470-75,5507-12,5530-34,5547-50,5563-66 levels. On downside first support is at 5196-91 level. Next supports are at 5167-62,5149-46,5127-22,5093-88 level.So today if nifty stays below 5191 be alert and avoid longs and on upside intra resistance are at 5262,5287 and 5320 level. Positional Support for NIFTY 5212 5151 5118 and positional Resistance for NIFTY is 5276 5280 5321 5327 5347 .
Intraday Resistance of NIFTY are 5257.6/5284.1/5329.1/5348.6/5385.6/5422.7
Intraday Support of NIFTY are 5193.8/5167.3/5129.5/5093.4/5057.5
Intraday Resistance of NIFTY are 5257.6/5284.1/5329.1/5348.6/5385.6/5422.7
Intraday Support of NIFTY are 5193.8/5167.3/5129.5/5093.4/5057.5
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