Nifty Level Trend For Today 10 June 2015-- Alliance Research

Nifty closed on a bear note at 8022 level.So today on upside first resistance is at 8050-54 level.Next resistance are at 8075-80,8100-05,8135-40,8169-74,8197-02,8228-33,8251-56,8290-95,8314-19,8350-55,8413-18,8456-61,8510-15,8565-70,8612-17,8644-49,8681-86,8743-48,8772-76,8790-95,8822-26,8850-55,8880-85,8935-39,8973-78,9015-20,9046-51,9074-79,9102-07,9148-52,9181-86 level On downside first support is at 7993-88 level.Next support are at 7970-65,7943-38,7912-07,7890-87,7868-63,7847-42,7785-80,7722-18 level.So today on upperside intra resistance are at 8054 and 8080 level and on downside be very alert below 7988 and better avoids long below that level as more selling may follow if Nifty breaches that level. Have a look at weekly trend. 
Positional Immediate support for NIFTY is 7989 and positional Resistance for NIFTY is 8236 8276 8298 8340 8367 8392 8464 8517 8565 ..

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Intraday Resistance of NIFTY are 8050.9 : 8074.5 : 8138.5 : 8157.3 : 8176.1
Intraday Support of NIFTY are 7993.9 : 7970.3 : 7907.1 : 7888.6 : 7870.1
Oscillator Analysis The oscillator is showing SELL signalShort Term Oscillator Analysis-The signal is SELL but NIFTY in oversold level. 

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