Niftysupportandresistance
NIFTY 50 INTRADAY SUPPORT AND RESISITENCENIFTY 50
Timne Frame = 15 Min
Pattern = Support And Resistence
Type = Dow Jones and S&P Verry Bearish
NIFTY FAST APPROACHING RESISTANCE ZONEAs Nifty continues to exhilarate powered by fresh FII buying the bull rally after making a bottom near 15182 is thriving and going full throttle. There is no sign of weakness as of now but Nifty might be approaching a place which even the bulls will find difficult to clear very easily. It is not impossible but very difficult. Anything can happen if FII money comes back in full flow. Support, light and heavy resistances for NIFTY are as under:
Light Resistance Zone : 17375 to 17649.
Heavy Resistance Zone : 17649 to 17911.
Support Zone : 16747 to 16447.
