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Intraday Nifty Tips For Monday 2nd May 2011

Nifty for Monday 2 May  :-  SPOT NIFTY SHOULD OPEN AND SUSTAIN AT LEAST ABOVE 5750 IN THE OPENING BELL. NIFTY HURDLE IS AT 5760. SPOT NIFTY WILL FACE SIMULTANEOUS RESISTANCES AT 5780-5805-5850 LEVELS. IF THE LEVEL OF 5850 CAN SUSTAIN FOR SOME TIME THEN FRESH BUYING WILL PUSH THE SPOT NIFTY UP TO 5880 (STRONG RESISTANCE)-5900+ LEVELS. OTHERWISE, IF SPOT NIFTY COULD NOT SUSTAIN 5745-5740 IN THE OPENING BELL, THEN PROFIT BOOKING CAN BRING THE SPOT NIFTY DOWN UP TO 5700 (PANIC LEVEL) & BREAKING OF 5700, SPOT NIFTY MAY COLLAPSE AND GONE DOWN UP TO 5665-5600 LEVELS..    Daily Nifty Technical View   

Nifty Intraday Levels For Monday 2 May 2011
SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
         5702             5665                  5801                    5852    
Nifty Future Intraday Levels For Monday 2 May 2011
SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
      5708               5662                    5812                    5869     

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Intraday Tips Updated at: 10:24 AM
 
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