Nifty levels for Today 6th may
Nifty closed on a bearish note at at 5944. So today the first resistance for nifty is at 5963-67 level. Next resistance ranges are at 5982-85,5997-6000,6014-17,6038-42,6059-63,6079-84,6108-13,6128-31,5170-75 levels. On downside first support is at 5923-18 level. Next supports are at 5905-01,5874-71,5858-54,5836-32,5808-03,5785-80,5750-45,5730-25,5705-00,5675-70,5643-39,5607-02,5584-79,5550-45,5515-11 level. So today on upside intra resistance for nifty are at 5967,5985 and 6000 level and on downside support are at 5918 and 5901 level.
weekly analysis
Intraday Resistance of NIFTY are 5982.4 : 6014.3 : 6075.6 : 6115 : 6154.5 : 6194.2
Intraday Support of NIFTY are 5905.6 : 5873.7 : 5841.9 : 5803.4 : 5765 : 5726.7
Oscillator Analysis The oscillator is showing BUY signal Short Term Oscillator Analysis- The signal is SELL and NIFTY in overbought region.
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