Nifty was on a bull trend yesterday and closed at 5633 .The bull move again lived up the hopes of bulls.Today the first resistance for nifty is at 5658-63 level.Next resistance is at 5688-93 level.Next resistance is at 5720-24 level. Next resistance is at 5739-44 level.Next resistance is at 5788-93 level.Next resistance is at 5842-46 level. On downside first support is at 5619-16 level.Next support is at 5606-03 level.Next support is at 5582-77 level.Next support is at 5553-50 level.Next support is at 5532-28 level.Next support is at 5517-14 level.Next support is at 5495-91 level.Next support is at 5458-55 level.Next support is at 5437-34 level.Next support is at 5410-05 level.The bull move was good and if nifty had to keep the pace of bull move it has to strongly trade above 5663 level on Monday and the next main hurdle on upside is at 5739-44 level On downside even if there is support still 5540 level it better not to be on long side if below 5600 level.Positionally a close above 5750 level is required to keep trend on bull side .
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