Nifty was on very slight bear trend yesterday and closed at 5473.Today the first resistance for nifty is at 5485-88 level Next resistance is at 5499-04 level.Next resistance is at 5527-33 level.Next resistance is at 5560-64level.Next resistance is at 5600-05 level.Next resistance is at 5633-37 level.Next resistance is at 5653-58 level.Next resistance is at 5678-83 level.Next resistance is at 5729-33 level. On downside first support is at 5460-57 level.Next support is at 5446-42 level.Next support is at 5422-19 level.Next support is at 5403-00 level.Next support is at 5380-75 level.Next support is at 5336-31 level.Next support is at 5311-06 level.Next support is at 5282-78 level.Next support is at 5232-28 level.Next support is at 5177-75 level.The yesterday's move in nifty once again outlined the resistance at 5510-5533 level and it is better to take long only above that level .So today main resistance for upside are at 5500-05 and 5527-33 level and below 5440 trend will be again weak so be alert below that level.
No comments:
Post a Comment