Nifty was on a bear trend and closed at 5816 level. So today the first resistance for nifty is at 5837-42 level. Next resistance ranges are at 5858-62,5893-98,5910-15,5926-31,5964-69,6010-15,6050-53,6090-95 levels. On downside first support is at 5795-90 level. Next supports are at 5774-70,5741-36,5722-18,5702-98,5670-65,5623-18,5590-85,5569-65,5536-32,5518-14,5497-92,5477-74,5445-41 level.So today a move below 5770 is not good and On upside intra resistance are at 5842 and 5862.Above 5862 we expect slight bullishness.
Positional Support for NIFTY 5771 5745
positional Resistance for NIFTY is 5836 5847 5854 5858 5890 5898 5929 .
Intraday Resistance of NIFTY are 5858.6 : 5893.4 : 5931.7 : 5947.7
Intraday Support of NIFTY are 5774.8 : 5740 : 5702.9 : 5687.2
Positional Support for NIFTY 5771 5745
positional Resistance for NIFTY is 5836 5847 5854 5858 5890 5898 5929 .
Intraday Resistance of NIFTY are 5858.6 : 5893.4 : 5931.7 : 5947.7
Intraday Support of NIFTY are 5774.8 : 5740 : 5702.9 : 5687.2
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