Nifty was on bear trend yesterday and closed at 5366.Today the first resistance for nifty is at 5384-86 level.Next resistance is at 5402-05 level.Next resistance is at 5420-23 level.Next resistance is at 5437-42 level.Next resistance is at 5477-80 level.Next resistance is at 5516-21 level.Next resistance is at 5556-61 level.Next resistance is at 5606-10 level.Next resistance is at 5630-35 level.Next resistance is at 5678-83 level.Next resistance is at 5729-33 level. On downside first support is at 5350-47level.Next support is at 5331-27 level.Next support is at 5305-00 level.Next support is at 5277-74 level.Next support is at 5232-28 level.Next support is at 5177-75 level.Nifty has now in bear region so be very alert. So today unless nifty is above 5405 no intraday long and positionally no long until a close above 5521.Below 5347 more selling will happen.
No comments:
Post a Comment