Tuesday 17 January 2017

Today’s NIFTY TREND ANALYSIS & LEVELS – TradeBizz Research



Nifty closed on a slight negative note at 8398 level.
 
So today on upside first intra resistance is at 8432-37 level. 

Next resistance are at 8460-64, 8493-98, 8530-35, 8578-82, 8660-65, 8694-99, 8736-41, 8778-83, 8807-12 level. 

On downside first support is at 8363-58 level. 

Next support are at 8335-30, 8305-00, 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, 7649-45 level. Market is in bull zone.

So today for intraday on upside intra resistance are at 8437 and 8464 level.

On downside be alert below 8358 and avoid all longs below 8330 level as selling may intensify below that level. Have a look at weekly trend. 

Positional Support for NIFTY is 8306, 8288, 8260, 8245, 8166, 8160 and 8152.

Positional Resistance for NIFTY is 8454. 

Intraday Resistance of NIFTY is 8432.3: 8460.7: 8536: 8555.3 

Intraday Support of NIFTY is 8363.7: 8335.3: 8261.1: 8242.

Click here to view Nifty Futures and Option Analysis.





S&P CNX NIFTY-Over View

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