NIFTY TREND ANALYSIS & FUNDAMENTAL LEVELS

DSR Broking

Updated for-Jun/16/2017 :-  Nifty closed on a negative note at 9578 level .So today on upside first intra resistance is at 9611-16 level.Next resistance are at 9638-43,9669-74,9720-25,9770-75,9810-15,9860-65 level.On downside first support is at 9544-39 level.Next support are at 9517-12,9486-81,9436-31,9388-84,9332-27,9297-92,9250-45,9177-72,9129-24,9095-90,9057-52,9030-25,8976-71,8933-29,8860-55,8800-95,8750-45,8700-95,8672-67,8640-35,8596-91,8540-35 level. Market is in bull zone .So today for intraday on upside intra resistance are at 9616 and 9643 level and On downside be alert below 9539 and avoid all longs below 9512 level as selling may intensify below that level . 
Positional Support for NIFTY 9532 9430 9380 9311 9111 8765 and positional Resistance for NIFTY is 9647 9655 .
  • Intraday Resistance of NIFTY are 9611.2 : 9638.8 : 9725.4 : 9745.9 
  • Intraday Support of NIFTY are 9544.9 : 9517.3 : 9431.8 : 9411.6
Oscillator Analysis NIFTY is now trading in overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- The signal is SELL 

Comments

Popular posts from this blog

Dixon Technologies (India) Limited IPO (Dixon IPO) Detail

Link your Aadhaar card in simple steps click on the link given in below

Reliance Industries's net profit jumped 28% to Rs 9,108 crore in Q1