Nifty Levels free for today 2 May

Intraday Tips for Today

Nifty was on slight bear trend last day and closed at 5749.Today the first resistance for nifty is at 5776-80 level.Next resistance is at 5804-08 level.Next resistance is at 5822-25 level. Next resistance is at 5845-50 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 5728-23 level.Next support is at 5696-91 level.Next main support is at 5655-50 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 5530-25 level.Next support is at 5506-02 level.The nifty is now in slighly weak trend.So today no long if nifty stay below 5808 level and below 5690 trend is weak and next main support for downside is at 5650 and below that level trend is very weak.

NIFTY SUPPORT AND RESISTANCE(POSITIONAL)

Positional Support for NIFTY 5737 5689 5663 5614 5574 . Positional Resistance for NIFTY is 5804 5826 5843

NIFTY ANALYSIS- OSCILLATOR

Oscillator Analysis The oscillator is showing SELL signalShort Term Oscillator Analysis- The signal is SELL