Monday, May 2, 2011

Nifty Trends Levels and Tips for today 3 May 2011

MARKET TREND FOR TODAY FREE

Nifty was on slight bear trend last day and closed at 5701.Today the first resistance for nifty is at 5725-29 level.Next resistance is at 5748-52 level.Next resistance is at 5788-93 level.Next resistance is at 5820-23 level. Next resistance is at 5847-51 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 5675-71 level.Next main support is at 5654-50 level.Next support at 5631-28 level.Next support is at 5612-08 level.Next support is at 5585-82 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 weak trend.So today no long if nifty stay below 5752 level and below 5650 trend is very weak.

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