Nifty closed on a strong bear note at 5735 level. So today the first resistance for nifty is at 5767-72 level. Next resistance ranges are at 5798-03,5850-55,5880-85,5907-12,5945-50,5968-72,5989-94,6034-38,6065-70,6096-01,6121-26,6170-75,6212-16,6230-36,6262-66,6313-18,6367-6372 levels. On downside first support is at 5703-98 level. Next supports are at 5672-68,5621-16,5590-85,5560-55,5524-19,5493-88,5444-40,5410-05,5365-60,5338-33 level.The trend is in bearish side and better no long until nifty is above 5800 level.On down side intraday support areas are at 5698, 5668 and 5620 level.
Positional Support for NIFTY 5704 5698 5643
Positional Resistance for NIFTY is 5754 5759 5823 5852 5901 5910 .
Intraday Resistance of NIFTY are 5798.2 : 5850.3 : 5849.5 : 5865.4
Intraday Support of NIFTY are 5672.4 : 5620.3 : 5622.3 : 5606.7
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