Tuesday, July 9, 2013

Technical View of nifty on 10/07/2013



Nifty was on a bull trend and closed at 5859 level. So today the first resistance for nifty is at 5890-95 level. Next resistance ranges are at 5912-16,5928-33,5954-58,5970-74,6010-15,6050-53,6090-95 levels. On downside first support is at 5829-23 level. Next supports are at 5805-00,5782-78,5760-55,5743-38,5706-01,5660-55,5623-18,5590-85,5569-65,5536-32,5518-14,5497-92,5477-74,5445-41 level.So today a move below 5823 is not good and On upside intra resistance are at 5892 and 5916.Above 5892 we expect slight bullishness. 


Positional Support for NIFTY 5831 5822 5790 5775 5745 
positional Resistance for NIFTY is 5885 5906 5933 
Intraday Resistance of NIFTY are 5888 5912 5958 5974 5990
Intraday Support of NIFTY are 5829 5805 5760 5744 5729

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