Nifty Range Trends for today 21 April 2011

Nifty Intraday Levels for today FREE

Nifty was on bull trend yesterday and closed at 5852.Today the first resistance for nifty is at 5869-71 level.Next resistance is at 5885-89 level.Next resistance is at 5913-18 level.Next resistance is at 5965-70 level.Next resistance is at 6101-05 level.On downside first supportis at 5817-12 level.Next support is at 5787-83 level.Next support is at 5752-47 level.Next support is at 5734-30 level.Next support is at 5702-98 level.Next support is at 5655-50 level.So today the main intraday resistance is at 5918 level and further long should be taken only above that level and on down side main support is at 5783 level.

NIFTY SUPPORT AND RESISTANCE(POSITIONAL)

Positional Support for NIFTY 5825 5819 5721 5691 5684 5596 5561 5553 . Positional Immediate resistance for NIFTY is 5936

NIFTY ANALYSIS- OSCILLATOR

Oscillator Analysis NIFTY is now trading in overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- The signal is SELL