Nifty : - 5668 Nifty has maintained its lower lows lower highs - TopicsExpress

Nifty : - 5668 Nifty has maintained its lower lows lower highs with negative close on the fifth consecutive week on weekly chart. Daily as well as intraday momentum indicators have entered in over sold region and which may provide some bit of relief rally which can be used as fresh shorting opportunities. Weekly support and resistance placed at 5575/5760 level respectively. Nifty intraday support placed at 5652 – 5635 – 5620 levels and resistance placed at 5683 – 5700 – 5715 levels.

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