Nifty was on a bull trend and closed at 5550 level. So today the first resistance for nifty is at 5576-81 level. Next resistance ranges are at 5602-07,5625-28,5645-50,5667-72,5695-700,5754-59,5776-81,5807-12 levels. On downside first support is at 5524-19 level. Next supports are at 5499-94,5477-73,5455-50,5438-33,5408-03,5361-57,5335-30,5300-95,5262-58,5225-20,5211-06,5178-73,5143-38,5080-75,5030-25,4983-78 level.The medium-long trend is still weak and if nifty strongly stays above 5600 it may change to bull side. So today on upside intra resistance are at 5581 and 5607 level and on downside if below 5494 be very alert and avoid all longs
Positional Support for NIFTY 5458 5395 and positional Resistance for NIFTY is 5570 5719 5724 5754 5802 5827 5848 .
Intraday Resistance of NIFTY are 5602.4 : 5645.2 : 5663.1 : 5678.7
Intraday Support of NIFTY are 5499.1 : 5456.3 : 5439.6 : 5424.2
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