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Wednesday 10 April 2013

    NIFTY TREND OR ANALYSIS LEVELS TODAY 11TH APRIL



Nifty closed on a bullish note at 5558. So today the first resistance for nifty is at 5584-88 level. Next resistance 

ranges are at 5609-14,5634-36,5652-57,5680-84,5697-02,5725-30,5750-54,5771-75,5790-95,5815-19,5836-

41,5855-58,5880-85,5907-10,5927-32,5950-55,5982-87,6010-15,6025-27,6043-47,6070-74,6100-05 levels. On

downside first support is at 5533-28 level. Next supports are at 5507-02,5465-60,5434-30,5414-10,5390-85,5301-

296 level.Nifty is still in bear zone.So today if nifty is below 5502 be very alert and better avoid longs and On 

upside resistance areas are 5588,5614 and 5636 level.




weekly trend


Positional Immediate support for NIFTY is 5466 and positional Resistance for NIFTY is 5628 5648 5658 5743 

5786 5827 5868 5876 5886 .

Intraday Resistance of NIFTY are 5609.7/5652.1/5686.6/5724.8


Intraday Support of NIFTY are 5507.7/5465.3/5422.7/5385.6/5348.5


Oscillator AnalysisThe oscillator is showing SELL signal but be cautious on NIFTY since NIFTY is trading in


oversold level.Short Term Oscillator Analysis- and NIFTY in oversold region




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