Nifty was on slight bear trend last day and closed at 5833.Today the first resistance for nifty is at 5854-57 level.Next resistance is at 5874-78 level.Next resistance is at 5903-08 level.Next resistance is at 5924-28 level.Next resistance is at 5958-63 level.Next resistance is at 5975-76 level.Next resistance is at 6025-29 level.Next resistance is at 6103-08 level. On downside first support is at 5815-11 level.Next support is at 5792-87 level.Next support is at 5764-60 level.Next support is at 5752-48 level.Next support is at 5732-28 level.Next support is at 5703-00 level.Next support is at 5686-84 level.Next support is at 5670-68 level.Next main support is at 5658-55 level.Next support at 5633-29 level.Next support is at 5600-97 level.Next support is at 5552-48 level.Next support is at 5528-25 level.Next support is at 5506-02 level.The resistance range of 5900 is once again become stronger and nifty find difficult to trade pass that level.So today also the main crucial level is 5903-08 level.The main support for intraday is at 5787 level and main resistance is 5878 level.
NIFTY SUPPORT AND RESISTANCE(POSITIONAL)
Positional Support for NIFTY 5818 5750 5733 5694 5640 5598 5572 . Positional Resistance for NIFTY is 5862
NIFTY ANALYSIS- OSCILLATOR
Oscillator Analysis The oscillator is showing SELL signal The oscillator is on SELL signal and share is coming down from overbought levelShort Term Oscillator Analysis- The signal is SELL