Nifty closed on a bull note at 5780 level. So today the first resistance for nifty is at 5803-08 level. Next resistance ranges are at 5827-32,5865-70,5890-95,5910-15,5945-50,5968-72,5989-94,6034-38,6065-70,6096-01,6121-26,6170-75,6212-16,6230-36,6262-66,6313-18,6367-6372 levels. On downside first support is at 5756-52 level. Next supports are at 5732-28,5695-90,5671-67,5650-47,5625-20,5590-85,5560-55,5524-19,5493-88,5444-40,5410-05,5365-60,5338-33 level.The trend is in bearish side and a close above 5832 is required for bulls.So today for intraday long is good above 5756 with a stop at 5728.Below 5728 intraday trend favour bears.
Positional Support for NIFTY 5738 5733 5716 5693 5644positional Resistance for NIFTY is 5820 5852 5893 5903
Intraday Resistance of NIFTY are 5827.4 : 5866.7 : 5894.7 : 5910.6
Intraday Support of NIFTY are 5732.7 : 5693.4 : 5666.6 : 5650.9
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