Nifty was on slight volatile trend last day and closed at 5551.Today the first resistance for nifty is at 5575-80 level.Next resistance is at 5599-04 level.Next resistance is at 5635-40 level.Next resistance is at 5675-80 level.Next resistance is at 5706-09 level.Next resistance is at 5728-32 level.Next resistance is at 5748-52 level.Next resistance is at 5793-97 level.Next resistance is at 5820-23 level. Next resistance is at 5847-51 level.Next resistance is at 5892-97 level. On downside first support is at 5530-25 level.Next support is at 5502-97 level.Next main support is at 5463-58 level.Next support is at 5410-06 level.Next support is at 5350-45 level.Next support is at 5320-17 level.Next support is at 5302-00 level.The nifty is still in bear region but had a strong support at 5450 level So be alert below that level.So today the main intraday resistance are at 5583 and 5604 level and better intraday long only above 5604 level On down side main intraday support is at 5525 amd 5495 level and no long position if below 5525 level.
Showing posts with label nifty tips for today 2 may. Show all posts
Showing posts with label nifty tips for today 2 may. Show all posts
Monday, May 9, 2011
Sunday, May 1, 2011
Nifty Levels free for today 2 May
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 5843NIFTY ANALYSIS- OSCILLATOR
Oscillator Analysis The oscillator is showing SELL signalShort Term Oscillator Analysis- The signal is SELL
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