Nifty closed on a strong positive note at at 5703 level . So today the first resistance for nifty is at 5725-30. Next resistance ranges are at 5746-51,5767-70,5788-92,5806-10,5828-32,5858-62 levels. On downside first support is at 5674-69 level. Next supports are at 5656-52,5617-13,5603-00,5588-83,5564-59,5530-25,5490-86,5460-56,5440-35,5412-08,5383-78,5348-43,5325-20 level.So today intra resistance will be at 5730,5751 and 5770 level and on down side be alert below 5669and avoid longs below 5652. Positional Support for NIFTY 5628 5547 5439 5399 5349 5326 5207 5176 and positional Immediate resistance for NIFTY is 5746.
Intraday Resistance of NIFTY are 5750.5/5789.8/5849.4/5888
Intraday Support of NIFTY are 5656.1/5616.8/5582.3/5544.6/5507.1
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.
Intraday Resistance of NIFTY are 5750.5/5789.8/5849.4/5888
Intraday Support of NIFTY are 5656.1/5616.8/5582.3/5544.6/5507.1
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.
Awesome work.Just wanted to drop a comment and say I am new to your blog and really like what I am reading.Thanks for the share
ReplyDelete