Today's intraday support and resistance level are clearly shown in the photo below.
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In the photo above the Indian stock market trading transformation is given today's intraday support and resistance level by the 5 minute candle stick pattern.
The Indian stock market fell slightly this morning and rose again.
The stock market is trading at certain points on the rise. Today's Intraday Support and Resistance Level is based on these points .
The following is the Intraday Resistance Level (5 min):
R1 - 17108.05
R2 - 17214.05
R3 - 17356.45
The Indian stock market, however, continues to rise to the points given above.
The following is the intraday support level (5 minutes):
S1 - 16973.60
S2 - 16792.30
The Indian stock market is likely to see a decline when the stock market trades below the points given above. Indian stock market trading below support level 2 is likely to see a big decline.
Similarly trading between the points given below but the Indian stock market will continue to see fluctuations at certain points.
The stock market is subject to risks so explore and trade well with your own choice.
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