Nifty
closed on a slight positive note at 8407 level.
So
today on upside first intra resistance is at 8443-48 level.
Next
resistance are at 8494-99, 8540-45, 8586-91, 8660-65, 8694-99, 8736-41, 8778-83
and 8807-12 level.
On
downside first support is at 8370-65 level.
Next
support are at 8320-15, 8275-70, 8228-23, 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 8448 and 8499 level and On
downside be alert below 8365 and avoid all longs below 8315 level as selling
may intensify below that level. Have a look at weekly trend.
Positional
Support for NIFTY is 8286, 8284, 8262, 8222, 8162, 8159 and8142
Positional
Resistance for NIFTY is 8456.
Intraday
Resistance of NIFTY is 8441.5: 8465.3: 8531.7: 8550.9: 8570.2
Intraday
Support of NIFTY is 8384.1: 8360.3: 8294.7: 8275.8: 8256.9
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, Icici bank, Lt, HDFC)is
given to each company. Nifty Index is professionally managed and moreover it
can be considered as a barometer of Indian Economy.Tradebizzindia.com will give you
daily in-depth technical analysis report of Nifty, Analysis of Nifty in future
and option, Performance of share included in Nifty for medium-long term and for
very short term. And we also covers breadth indicator like
advance-decline ratio ,put call ratio, Bullish percent index, Advance decline
volume Fundamental Growth rate like Price Earnings Ratio, Index EPS, Dividend
ratio other economic ratio like GDP growth rate etc. All the analysis report is
updated daily
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