TODAY’S NIFTY UPDATES 1/aug/2013
08/01/2013

Nifty was on a slight bear trend but had recovered from lows of 5675 trend and closed at 5742 level. So today the first resistance for nifty is at 5762-66 level.

Online PR News – 01-August-2013 – indore – NIFTY TREND ANALYSIS & LEVELS FOR TODAY

Nifty was on a slight bear trend but had recovered from lows of 5675 trend and closed at 5742 level. So today the first resistance for nifty is at 5762-66 level. Next resistance ranges are at 5785-89,5800 03,5822-26,5840-45,5875-80,5898-03,5935-40,5960-65,5980-85,6001-06,6025-30,6040-45,6080 85,6105-10,6145-50,6194-98,6233-38 levels. On downside first support is at 5720-15 level. Next supports are at 5697-92,5662-58,5641-36,5610-05,5590-85,5569-65,5536-32,5518-14,5497-92,5477 74,5445-41 level.The trend is still weak but today if nifty strongly trades above 5785 it is a positive sign and can expect short term bullishness and below 5695 be very alert and avoid all longs. Have a look at weekly trend.

Positional Immediate support for NIFTY is 5665 and positional Resistance for NIFTY is 5856 5866 5872 5890 5909 5925 5936 5941 5958 .