NIFTY INDEX TREND FOR TODAY

Nifty Index closed unchanged at 5626.60 So today the first resistance for nifty is at 5647 level. Next resistance ranges are at 5664,5700,5720 levels. On downside first support is at 5604 level. Next supports are at 5580,5550,5520 level.Nifty is moving trendless but clearly some support at low level but for confirmation a strong move above 5671 is required and on downside a move below 5580 can weaken this buy support.So today if nifty moves above 5671 level it is a good sign for bulls but if nifty goes below 5580 be very alert and sellers may have the control if nifty is below 5550 level.