Nifty Chart

Ttrade Support 8583-8580
Trade Resistance 8633-8638

Trend Support  8551-8547
Trend Resistance 8694-8707

Closing basis hold above the +ve breakout line is good for bulls
Trend +ve, momentum at obz.  so equal strength for bulls and bears.

Profit booking and buy on dip is the strategy in intra.

MF says some negative divergence with double top.
So expected some profit booking at every resistance.

+ve close must today with volume.

Nifty Chart

1st   H   8469,        closed 8377 - below 8469

2nd  H   8504,        closed 8398 - below 8469

3rd  H   8489,         closed 8458 - below 8469

4th   H   8467,        closed 8433 - below 8469

5th   H   8481,        closed 8453 - below 8469

  6th   H   8479,         closed 8444 - below 8469  

Hourly chart issue some profit booking

Trade support 8469-8464

Trend support 8436-8427

Below Trend support it will bounce back

 from 8411-8407

Trade resistance 8507-8511

Trend resistance 8529-8537

Above Trend resistance it will touch 8593-8600 

for profit booking