Nifty was on bear trend and closed at 5799 we had given resistance at 5907 and high was the same.Today the first resistance for nifty is at 5836 level.Next main resistance at 5870-74 level.Next resistance is at 5928-33 level.Next resistance is at 5975-78 level.Next main resistance is at 6016-21 level.
NIFTY SUPPORT AND RESISTANCE(POSITIONAL)
Positional Support for NIFTY 5755 5443 . Positional Resistance for NIFTY is 5901 5965 6000 6082 6096 6100 6106
S&P CNX NIFTY-Over View
S&P CNX NIFTY is the Blue chip Index of NSE.The top 50 companies listed on NSE from Various sector like IT,Banking,Cement,Oil,Steel,Infrastructure etc are included in Nifty Index with different weightage(Top weightage-Reliance,Infosys,Icici bank,Lt,HDFC)is given to each company.Nifty Index is professionally managed and moreover it can be considered as a barometer of Indian Economy.Earnometer.com will give you daily indepth technical analysis report of Nifty,Analysis of Nifty in future and option,Performance of share included in Nifty for medium-long term and for very short term.Earnometer.com also covers breadth indiacator like advance-decline ratio,put call ratio,Bullish percent index,Advance decline volume Fundamental Growth rate like Price Earnings Ratio,Index EPS,Dividend ratio other economic ratio like GDP growth rate etc.All the analysis report is updated daily
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