Thursday, April 28, 2011

NIFTY LEVELS FOR TODAY 29 April 2011

Nifty was on slight bear trend last day and closed at 5785.Today the first resistance for nifty is at 5805-08 level.Next resistance is at 5825-30 level. Next resistance is at 5849-52 level.Next resistance is at 5865-68 level.Next resistance is at 5892-97 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 5764-60 level.Next support is at 5745-40 level.Next support is at 5730-27 level.Next support is at 5703-00 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 nifty is now in slighly weak trend.So today on upside the crucial level is 5897 level.The main resistance for intraday is at 5830 level and support is at 5760 and 5737 level and better no intraday long if below 5760.

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