Nifty was on a slight bear trend, and ended flat, amid a volatile trading session,The 30-share Sensex ended 29 points lower at 19,317 and the 50-share Nifty ended 14 points down at 5,728. The broader markets were battered heavily. BSE Mid-caps and Small-caps indices fell between 1-2% on the BSE. The market breadth was negative with 1,431 shares declining and 783 shares advancing. world markets are trading green, The RBI intervened to stop the rupee's slide toward a record low as its defence of the currency, built around draining cash from money markets, came under rising pressure. The rupee was down 43 paise at Rs 60.83 against the US dollar. So today the first resistance for nifty is at 5765-70 level, On downside first support is at 5691-86 level. The trend is weak and today if nifty trades below 5650 be alert and avoid all longs and better avoid longs until a strong close above 5805 even for short term.
Positional Immediate support for NIFTY is 5665
positional Resistance for NIFTY is 5851 5866 5870 5885 5910 5911 5926 5932 5944 .
Intraday Resistance of NIFTY are 5800.4 : 5860.7 : 5841.9 : 5857.8
Intraday Support of NIFTY are 5655.3 : 5595 : 5614.9 : 5599.3
positional Resistance for NIFTY is 5851 5866 5870 5885 5910 5911 5926 5932 5944 .
Intraday Resistance of NIFTY are 5800.4 : 5860.7 : 5841.9 : 5857.8
Intraday Support of NIFTY are 5655.3 : 5595 : 5614.9 : 5599.3
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