NIFTY LEVELS FOR TODAY-NIFTY ANALYSIS 11 JAN

Best Trading Recommendations

Nifty was on bear trend and closed at 5762 and selling was very heavy.Today the first resistance for nifty is at 5782 level. Next resistance is at 5805-10 level.Next resistance is at 5827-30 level.Next resistance is at 5853-58 level.Next support at 5958-63 level.Next resistance is at 5974-78 level.Next resistance is at 5997-6002 level. Next resistance is at 6068-73 level. Next resistance is at 6101-05 level. Next resistance is at 6142-46 level.Next resistance is at 6189-93 level.Next Resistance is at 6222-25 level.Next resistance at 6238-41 level.Next resistance at 6284-87 level. On downside first support is at 5746-43 level.Next support at 5726-23 level.Next support at 5713-10 level.Next support at 5672-68 level.next support at 5636-33 level.Next support at 5596-93 level.Next support at 5553-48 level.So today be very alert as nifty again break the yesterday's low the trend will be very weak so below no intraday lonf if below 5743 and next main support at 5723 next major support is only at 5670 ,5635 and 5593 only For positional trend again to be on upside nifty had to sustain above 5860.If opens flat and intraday long stop should be placed at 5740

NIFTY SUPPORT AND RESISTANCE(POSITIONAL)

Positional Support for NIFTY 5586 . Positional Resistance for NIFTY is 5952 5977 5992 6025 6036 6041 6049 6051