Nifty closed on a slightly bearish note at 5676 level. So today the first resistance for nifty is at 5712-16. Next resistance ranges are at 5741-45,5782-86,5804-08,5835-40,5888-93,5917-22 levels. On downside first support is at 5645-40 level. Next supports are at 5612-08,5590-86,5570-65,5540-36,5516-12 level.So today intra resistance will be at 5716,5745 and 5786 levels and on down side be alert below 5640 and avoid longs below 5608 levels. Positional Support for NIFTY 5593 5489 5450 5386 5279 5222 and positional Resistance for NIFTY is 5708 5721 .
Intraday Resistance of NIFTY are 5712/5741.9/5780.9/5801.1/5839.5/5878
Intraday Support of NIFTY are 5640.1/5610.2/5573.6/5536.1/5498.8
Oscillator Analysis NIFTY is now trading in overbought level. The oscillator is showing SELL signal The oscillator is on SELL signal and share is coming down from overbought levelShort Term Oscillator Analysis- and NIFTY in oversold region.
Intraday Resistance of NIFTY are 5712/5741.9/5780.9/5801.1/5839.5/5878
Intraday Support of NIFTY are 5640.1/5610.2/5573.6/5536.1/5498.8
Oscillator Analysis NIFTY is now trading in overbought level. The oscillator is showing SELL signal The oscillator is on SELL signal and share is coming down from overbought levelShort Term Oscillator Analysis- and NIFTY in oversold region.
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