Nifty levels or Trends Today 2nd may


Nifty closed on a bullish note at at 5930. So today the first resistance for nifty is at 5956-60level. Next resistance ranges are at 5982-86,6000-03,6025-30,6043-46,6070-74,6100-05 levels. On downside first support is at 5903-99 level. Next supports are at 5880-75,5860-55,5834-30,5800-95,5778-73,5750-45,5730-25,5705-00,5675-70,5643-39,5607-02,5584-79,5550-45,5515-11 level. So today on upside intra resistance for nifty are at 5960,5986 and 6003 level and on downside support are at 5899 and 5875 level. 

weekly trend

Positional Support for NIFTY 5851 5804 5790 5753 5728 5705 5680 5668 and positional Immediate resistance for NIFTY is 5974.
Intraday Resistance of NIFTY are 5982.4/6025.7/6075.7/6114.9
Intraday Support of NIFTY are 5878/5834.7/5804.7/5766.5/5728.5
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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