Monday equity market outlook: Nifty @resistance and @support level for intraday

Market outlook is positive attributing to the stability of forth coming govt. First day of the week Indian share market opened higher note, nifty up above 1% or 99.75 pts at 7466.85 while sensex up 348.71 pts or above 1.42% at 25043.50 . we are continue to seeing buying interest in share market. Indian rupee appreciate to higher note 58.52 per dollar against its previous close.

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@RESISTANCE and @SUPPORT LEVEL

Today is upside first resistance is 77403 level, and next resistance are at 7500 level on downside first support is at 7331 level and next support is 7300 level.

Shares of Bank nifty, Realty, metal and auto index trade above 1-2%. M&M above 5%, Larsen up 3.68%, Grasim 4,17%,Coal india 3.95%, Ambuja cements 4.76%, Cairn india up 3.46%, Maruti suzuki 3.98%, ONGC 3.48%.