Nifty closed on a bearish note at at 5944. So today the first resistance for nifty is at 5963-67 level. Next resistance ranges are at 5982-85,5997-6000,6014-17,6038-42,6059-63,6079-84,6108-13,6128-31,5170-75 levels. On downside first support is at 5923-18 level. Next supports are at 5905-01,5874-71,5858-54,5836-32,5808-03,5785-80,5750-45,5730-25,5705-00,5675-70,5643-39,5607-02,5584-79,5550-45,5515-11 level. So today on upside intra resistance for nifty are at 5967,5985 and 6000 level and on downside support are at 5918 and 5901 level.
weekly
Intraday Resistance of NIFTY are 5982.4 : 6014.3 : 6075.6 : 6115 : 6154.5 : 6194.2
Intraday Support of NIFTY are 5905.6 : 5873.7 : 5841.9 : 5803.4 : 5765 : 5726.7
Oscillator Analysis The oscillator is showing BUY signal Short Term Oscillator Analysis- The signal is SELL and NIFTY in overbought region.
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Sensex was up by 214 points to settle at 27890 & Nifty went up by 51 points to settle at 8429 level. European markets traded down.Indian markets ended up.Nifty and Sensex up by 0.62% and 0.77%. Stock Market Tips
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