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Nifty Intraday Tips For Monday 18th April 2011

Nifty Intraday Tips for Monday 18th April :- First of all, Spot Nifty should open and sustain at least above 5824 in the opening bell. Spot Nifty will face the first minor resistance at 5850 then major Resistance at 5880. If 5880 can be crossed and sustain for some time then fresh buying will start, which can take the spot nifty up to 5910-5950 very sentimental resistance. After 5950 you can expect some new highs. otherwise, If Spot Nifty could not sustain 5820 in the opening bell, then profit booking can bring the spot nifty down up to 5815-5805-5785-5750 levels. 5750 is a major sentimental support of spot nifty, breaking which panic selling may start, which ultimately can pull the spot nifty down up to 5705 even 5650 levels.   Daily Nifty Technical View

Nifty Intraday Levels for Monday 18 April 2011

SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
    5785             5745            5886                 5947     

Nifty Future Levels for for Monday 18 April 2011

SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
   5795              5756              5898                5962    

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Intraday Tips Updated at: 8:35 PM
 
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