Nifty closed on a slight positive note at
8417 level.
So
today on upside first intra resistance is at 8451-56 level.
Next
resistance are at 8480-85, 8511-16, 8550-55, 8595-00, 8660-65, 8694-99, 8736-41,
8778-83, 8807-12 level.
On
downside first support is at 8382-77 level.
Next
support are at 8353-48, 8322-17, 8266-61, 8220-15, 8201-96, 8157-52, 8112-07, 8060-65,
8061-56, 8015-10, 7966-61, 7928-23, 7899-94, 7860-55, 7816-11, 7770-65, 7735-30,
7696-92 and 7649-45 level. Market is in bull zone.
So
today for intraday on upside intra resistance are at 8456 and 8485 level
On
downside be alert below 8377 and avoid all longs below 8348 level as selling
may intensify below that level. Have a look at weekly trend.
Positional
Support for NIFTY is 8329 8291 8270 8256 8176 8162 and 8158
Positional
Resistance for NIFTY is 8451.
Intraday
Resistance of NIFTY is 8451.5: 8480: 8555.2: 8574.4
Intraday
Support of NIFTY is 8382.5: 8354: 8279.9: 8261
S&P CNX NIFTY-Over View
S&P
CNX NIFTY is the Blue chip Index of NSE. The top 50 companies listed on NSE
from Various sector like IT, Banking, Cement, Oil, Steel, Infrastructure etc
are included in Nifty Index with different weight age(Top weight age-Reliance, Infosys,
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managed and moreover it can be considered as a barometer of Indian Economy.Tradebizzindia.com
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