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Wednesday 17 April 2013



Nifty Trends or levels for today 18th April



Nifty closed on a flat note at 5688. So today the first resistance for nifty is at 5707-10 level. Next resistance ranges are at 5725-30,5752-56,5788-91,5808-12,5825-29,5847-52,5880-85,5907-10,5927-32,5950-55,5982-87,6010-15,6025-27,6043-47,6070-74,6100-05 levels. On downside first support is at 5654-50 level. Next supports are at 5265-20,5608-03,5584-79,5550-45,5515-11,5495-90,5474-70,5455-50,5433-28,5405-00,5377-72,5301-296 level.So today on upside intra resistance for nifty are at 5710,5730 and 5756 level and on downside support are at 5650 and 5620 level.If nifty is below 5650 be very alert and better avoid any longs. 

 weekly trend

Positional Support for NIFTY 5669 5648 5605 5568 and positional Resistance for NIFTY is 5748 5785 5848 5868 5869 .
Intraday Resistance of NIFTY are 5723.3/5752.1/5790.3/5810.4/5848.6/5886.9
Intraday Support of NIFTY are 5654.1/5625.3/5584/5546.7/5509.5
Oscillator Analysis The oscillator is showing BUY signal The oscillator is on BUY Signal and share is recovering from oversold levelShort Term Oscillator Analysis- The signal is BUY 



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