Thursday, June 23, 2011

NSE NIFTY Support Resistance for 23rd June

Today’s supports for the NIFTY are placed at the 5177 and 5035 levels whereas resistances are placed at the 5350 and 5420 levels.

NIFTY (5,396.75) SU—5177--5035 RE—5350--5420.

Thursday, June 16, 2011

NSE NIFTY Support Resistance for 17th June

Today’s supports for the NIFTY are placed at the 5350 and 5375 levels whereas resistances are placed at the 5425 and 5445 levels.

NIFTY (5,396.75) SU—5350--5375 RE—5425--5445.

Sustenance below the 5425—5450 levels will see the NIFTY slip towards the 5300—5250 levels over the upcoming sessions.

Upside resistances are placed at the 5450—5480 levels.

Wednesday, June 15, 2011

NSE NIFTY Support Resistance for 15th June

Today’s supports for the NIFTY are placed at the 5400 and 5425 levels whereas resistances are placed at the 5475 and 5490 levels.

NIFTY (5,447.50) SU—5400--5425 RE—5475--5490.

A close below the key support zone of 5450—5425 levels will open up downside targets of 5300—5250 levels in the NIFTY.

Upsides from current levels will find resistance between the 5500—5530 levels.

Tuesday, June 14, 2011

NSE NIFTY Support Resistance for 14th June

Today’s supports for the NIFTY are placed at the 5460 and 5480 levels whereas resistances are placed at the 5525 and 5550 levels.

NIFTY (5,500.50) SU—5460--5480 RE—5525--5550.

Sustenance above the 5450 levels will see the NIFTY remain within the broad range of 5450—5550 levels in the near term.

The key moving average clusters placed between the 5520—5550 levels will act as stiff resistance for the NIFTY on the upside.

Sunday, June 12, 2011

NSE NIFTY Support Resistance for 11th June

Today’s supports for the NIFTY are placed at the 5445 and 5460 levels whereas resistances are placed at the 5510 and 5530 levels.

NIFTY (5,485.80) SU—5445--5460 RE—5510--5530.The 5430—5450 zones will be the near term support for the NIFTY.

On the upside we expect the levels of 5575--5600 levels to act as stiff resistance zones.

If NIFTY fails to take support between the 5450-5430 levels we would recommend a negative bias once again with possible targets of 5300 – 5250 levels.

Friday, June 10, 2011

NSE NIFTY Support Resistance for 10th June

Today’s supports for the NIFTY are placed at the 5480 and 5500 levels whereas resistances are placed at the 5550 and 5575 levels.

NIFTY (5,521.05) SU—5480--5500 RE—5550--5575.

The NIFTY will remain within broad ranges of 5600—5450 levels until; it breaks above the 5600 levels or goes below the 5450 levels. The 5450 levels will be the key near term support for the NIFTY on the downside. Upside resistances are placed at the 5600—5625 levels.

Thursday, June 9, 2011

NSE NIFTY Support Resistance for 9th June

Today’s supports for the NIFTY are placed at the 5480 and 5500 levels whereas resistances are placed at the 5550 and 5575 levelsNIFTY (5,521.05) SU—5480--5500 RE—5550--5575.

The NIFTY will remain within broad ranges of 5600—5450 levels until; it breaks above the 5600 levels or goes below the 5450 levels.

The 5450 levels will be the key near term support for the NIFTY on the downside. Upside resistances are placed at the 5600—5625 levels.

Wednesday, June 8, 2011

NSE NIFTY Support Resistance for 9th June

Today’s supports for the NIFTY are placed at the 5480 and 5500 levels whereas resistances are placed at the 5555 and 5575 levels.


NIFTY (5,526.85) SU—5480--5500 RE—5555--5575. The NIFTY is likely to trade in a broad range of 5600—5450 levels until; it breaks above the 5600 levels. The 5475—5450 levels will act as good support for the NIFTY on the downside.

Tuesday, June 7, 2011

NSE NIFTY Support Resistance for 8th June

Today’s supports for the NIFTY are placed at the 5500 and 5525 levels whereas resistances are placed at the 5580 and 5600 levels.

NIFTY (5,556.15) SU—5500--5525 RE—5580--5600. The 5600—5625 levels would be the near term upside targets for the NIFTY, if it sustains above the 5500 levels. The 5500—5450 levels will act as good support for the NIFTY on the downside.

Monday, June 6, 2011

NSE NIFTY Support Resistance for 7th June

Today’s supports for the NIFTY are placed at the 5480 and 5500 levels whereas resistances are placed at the 5555 and 5580 levels.

NIFTY (5,532.05) SU—5480--5500 RE—5555--5580.
Sustenance above the 5450—5480 zones will see the NIFTY gradually rally to once again test its key resistance zones of 5600—5625 levels on the upside.

The 5480—5450 zone will act as good near term support for the NIFTY on the downside.

Sunday, June 5, 2011

NSE NIFTY Support Resistance for 6th June


Today’s supports for the NIFTY are placed at the 5460 and 5480 levels whereas resistances are placed at the 5540 and 5575 levels.


NIFTY (5,516.75) SU—5460--5480 RE—5540--5575.    The 5500—5450 levels are the key near term support for the NIFTY.
However, a sustained close below the 5450 levels will open up downside targets of 5300—5250 levels in the NIFTY. Upside resistance are placed at the 5575—5625 levels.  

Thursday, June 2, 2011

NSE NIFTY Support Resistance for 3rd June

Today’s supports for the NIFTY are placed at the 5500 and 5525 levels whereas resistances are placed at the 5575 and 5600 levels.

NIFTY (5,550.35) SU—5500--5525 RE—5575--5600.    Sustenance below the 5600 levels will see the NIFTY pullback further towards the 5500—5450 levels. The 5600—5630 levels will act as stiff resistance for the bulls on the upside.

NSE NIFTY Support Resistance for 2nd June


Today’s supports for the NIFTY are placed at the 5545 and 5565 levels whereas resistances are placed at the 5620 and 5640 levels.


NIFTY (5,592.00) SU—5545--5565 RE—5620--5640.     The 5600--5630 levels is a key resistance for the NIFTY on the upside and further upsides from current levels can be seen only if the NIFTY closes above the 5630 levels for a few sessions. The 5550 to 5480 zone will act as good support for the NIFTY on pullbacks from current levels.