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Nifty Intraday Tips For 4th March 2011


Tomorrow, 4th March, first of all, Spot Nifty should open and sustain at least above 5525-5530 in the opening bell. Nifty hurdle is at 5560. Spot Nifty will face the first tough resistance at 5575-5580 levels. If same can cross and sustain for some time, then next Spot Nifty levels will be 5620-5630. above 5630 fresh buying will take the Spot Nifty as such: 5680 (strong resistance)-5705-5745. otherwise, If Spot Nifty could not sustain 5530-5525 in the opening bell then profit booking can bring Spot Nifty down up to 5505-5475. Market will show the first sign of weakness by breaking 5475 and Spot Nifty can come down up to 5450 breaking 5450, huge panic selling will take place, which may brought Spot Nifty down in 5420-5380-5350 Levels. Above is the possible scenario of 4th March .what ever may be the case, both Spot Nifty as well as the Market will ply in the wide gaps & you have to make profit within that.
Nifty Intraday Levels for 4 March 2011

SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
    5479          5423              5582               5628   

Nifty Future Levels for 4 March 2011

SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
   5482           5419              5603               5660  

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Intraday Tips Updated at: 7:15 PM
 
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