Nifty Support and Resistance Levels – January 19, 2011

5742.20 is a major support / resistance point for tomorrow. If ever the prices cross this level (in an upward manner), we can see resistance acting at 5771.50, 5781.25, 5791.00 and 5800.80.

If the index manages to stay below the 5742.20 level, we can see strong supports at 5712.90, 5703.10, 5693.35 and 5683.60!

Note down these prices and see the way nifty acts when it touches any one / more of these values! 🙂



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