Wednesday, December 1, 2010
Nifty analysis and levels for today 2 Dec
Nifty was on bull trend and closed at 5961.Today the first resistance for nifty is at 5974-77 level.Next resistance is at 5989-92 level.Next main resistance is at 6019-23 level.Next resistance is at 6039-43 level.Next resistance is at 6069-75 level.Next resistance is at 6142-46 level.Next resistance is at 6168-72 level.Next resistance is at 6198-02 level.Next Resistance is at 6218-22 level. On downside first support is at 5930 level.Next support at 5901-98 level.Next support at 5853-50 level.Next support at 5820-17 level.Next main support at 5792-90 level.Next support at 5746-42 level.Next support at 5710-05 level.Next support at 5675-70 level.Next support at 5648-45 level.Next level at 5625-23 level.Next support at 5601-97 level.Next 5570 level.So today above 5990 long is good and if nifty sustain below 5930 be alert.
NIFTY SUPPORT AND RESISTANCE(POSITIONAL)
Positional Support for NIFTY 5878 5777 5464 . Positional Resistance for NIFTY is 5982 5990 6058 6076 6079
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