Wednesday 11 December 2013

Tradingresearch update new nifty levels 11/DEC/2013

Nifty closed on a bear note at 6332 level.So today on upside first resistance is at 6348-52 level.Next resistance are at 6365-70,6390-94,6409-12,6450-55,6488-93,6521-26,6557-62,6595-00 level On downside first support is at 6301-97 level.Next support are at 6276-72,6255-50,6218-14,6180-75,6166-61,6145-40,6128-23,6100-95,6084-80,6064-60,6032-28,6010-05,5980-75,5940-35,5908-03,5880-75,5845-41,5826-21,5793-88 level.The trend is bullish So today on upside resistance are at 6352 and 6370 level and on downside support are at 6297 and 6272 level Have a look at weekly trend.
Positional Support for NIFTY 6198 6152 6148 6137 6102 6045 5903 5868 and positional Immediate resistance for NIFTY is 6428. Intraday Resistance of NIFTY are 6363.8 : 6389.4 : 6452.8 : 6469.5
Intraday Support of NIFTY are 6301.9 : 6276.3 : 6214 : 6197.7

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