The Nifty looks really weak on the
charts. There is nothing much can be written about nifty except it is on the downtrend. The major resistant level
is 5587. Crossing this level can take
Nifty up to 5600 level. The support is
at 5568 with the next level at 5550.
NIFTY
|
Classical
|
Camarilla
|
Fibonacci
|
DeMark
|
Resistance 4
|
5595
|
|||
Resistance 3
|
5637
|
5583
|
5615
|
|
Resistance 2
|
5615
|
5579
|
5598
|
5615
|
Resistance 1
|
5593
|
5575
|
5588
|
5593
|
Pivot Point
|
5571
|
5571
|
5571
|
5571
|
Support 1
|
5550
|
5567
|
5555
|
5550
|
Support 2
|
5528
|
5563
|
5544
|
5528
|
Support 3
|
5506
|
5559
|
5528
|
|
Support4
|
5547
|
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