Nifty closed on a strong bull note at 6217 level.So today on upside first resistance is at 6233-37.Next resistance are at 6250-55,6273-78,6290-95,6305-10,6333-37,6372-76,6406-11,6437-42,6477-82 on downside first support is at 6201-97 level.Next support are at 6185-80,6160-55,6144-39,6105-100,6084-80,6061-57,6035-30,6013-08,5980-75,5940-35,5908-03,5880-75,5845-41,5826-21,5793-88 level.The trend is with bulls So today unless below 6180 bulls have the edge and on upside resistance are at 6237 and 6255 level and on down side support are at 6197 and 6180 level .As far as fundametal is considered we wont think all stocks are overvalued so make the correction an opportunity to shift portfolios and buy company with good fundamental.
Positional Support for NIFTY 6135 6110 6092 6079 6064 5967 5882 5857 and positional Immediate resistance for NIFTY is 6241.
Intraday Resistance of NIFTY are 6249.5 : 6275.8 : 6336.7 : 6353.3
Intraday Support of NIFTY are 6186.2 : 6159.9 : 6100.1 : 6083.9
Positional Support for NIFTY 6135 6110 6092 6079 6064 5967 5882 5857 and positional Immediate resistance for NIFTY is 6241.
Intraday Resistance of NIFTY are 6249.5 : 6275.8 : 6336.7 : 6353.3
Intraday Support of NIFTY are 6186.2 : 6159.9 : 6100.1 : 6083.9
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