Nifty Trend Or Analysis levels Today 9th April
Nifty closed on a bearish note at 5542. So today the first resistance for nifty is at 5560-63 level. Next resistance
ranges are at 5576-77,5602-07,5639-43,5660-65,5697-02,5725-30,5750-54,5771-75,5790-95,5815-19,5836-
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 5525-22 level. Next supports are at 5511-08,5494-89,5460-56,5440-36,5406-01
level.Nifty is in bear zone.So today if nifty is below 5508 be very alert and better avoid longs below that level
below 5508 next major support is only at 5410 range and On upside resistance areas are 5577,5607 and
5643level.
Positional Immediate support for NIFTY is 5524 and positional Resistance for NIFTY is 5652 5654 5692 5757
5804 5848 5870 5891 5896 .
Intraday Resistance of NIFTY are 5560.5/5575.1/5606.6/5642.4/5662.3/5700/5737.9
Intraday Support of NIFTY are 5525.4/5510.8/5457.9/5438.3/5401.5/5364.7
Oscillator Analysis- The 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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