NIFTY INTRADAY LEVELS 8th March

It's been a disappointing start to the trading week, high crude prices and domestic political uncertainty i.e. the deadlock between the Congress and DMK on seat sharing in the Tamil Nadu elections, dragged the markets deep into the red. But hopes of a patch up between DMK and Congress helped erase some of the losses.

The Nifty recovered over 60 points to close at 5,463, and the Sensex too bounced off its lows to close at 18,222, down 263 points.
Nifty was on bear trend last day.The index opened lower and made an intraday low of 5408 and recovered a little and closed at 5463 .Today the first resistance for nifty is at 5484-88 level.Next resistance is at 5510-15 level.Next resistance at 5543-48 level.
On downside first support is at 5439-34 level.Next support at 5417-13 level.Next support at 5382-78 level
NIFTY SUPPORT AND RESISTANCE(POSITIONAL)
Positional Support for NIFTY 5443 5428 5412 . 
Positional Resistance for NIFTY is 5544 5652 5668 5721 5745 5844.