Monday, July 15, 2013

Technical View of nifty on 16/07/2013

Nifty was on a bull trend and closed at 6030 level. So today the first resistance for nifty is at 6060-65 level. Next resistance ranges are at 6088-93,6124-29,6140-45,6180-85 levels. On downside first support is at 6000-95 level. Next supports are at 5972-67,5937-32,5922-17,5905-00,5885-80,5864-59,5834-30,5800-95,5780-75,5741-36,5722-18,5702-98,5670-65,5623-18,5590-85,5569-65,5536-32,5518-14,5497-92,5477-74,5445-41 level.Nifty is in bull region but be alert below 5995 as short weakness if nifty trades below this level.So today on upside intra resistance are at 6065 and 6093 level and on down side support are at 5995 and 5967.Below 5995 be very alert and avoid longs.
Positional Support for NIFTY 5905 5886 5868 5861 5832 5828 5816 5783 
positional Immediate resistance for NIFTY is 6050.
Intraday Resistance of NIFTY are 6062.3 : 6088.5 : 6147.8 : 6164.2
Intraday Support of NIFTY are 5999.3 : 5973.1 : 5914.9 : 5898.9

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.