NIFTY TREND OR ANALYSIS LEVELS TODAY 15TH APRIL



Nifty closed on a strong bearish mood on friday at 5528. So today the first resistance for nifty is at 5555-60 level. 

Next resistance ranges are at 5583-88,5628-33,5645-50,5672-77,5700-03,5727-32,5750-54,5771-75,5790-

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 5501-97 level. Next supports are at 5474-70,5455-50,5428-23,5400-

95,5377-72,5301-296 level.Nifty is still in bear zone.So today if nifty is below 5497 be very alert and below 5470 

bears will strike with more strength and on upside intra resistance are at 5560,5588 and 5633 level. 

Positional Immediate support for NIFTY is 5466 and positional Resistance for NIFTY is 5608 5627 5663 5724 

5767 5807 5863 5868 5878 .

Intraday Resistance of NIFTY are 5583/5628.3/5690.8/5729

Intraday Support of NIFTY are 5474.1/5428.8/5389.6/5352.5

Oscillator Analysis NIFTY is now trading in oversold level. The oscillator is showing BUY signal Short Term Oscillator Analysis- and NIFTY in oversold region. 

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