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Thursday 1 November 2012

NIFTY TREND 02-Nov-2012

The first resistance for nifty is at 5670-75. Next resistance ranges are at 5690-95,5724-29,5747-53,5777-82,5815-20,5850-55,5888-93,5917-22 levels. On downside first support is at 5620-15 level. Next supports are at 5596-91,5575-71,5553-48,5518-13,5488-83,5465-60, level.So today intraday resistance will be at 5675,5690 and 5729 levels and on downside be very alert below 5591 level and avoid longs below that level.

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