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Intraday Nifty Tips For Thursday 21st April 2011


Nifty for Thursday 21 April :- Tomorrow, 21st April, First of all, Spot Nifty should open and sustain at least above 5850 in the opening bell. Spot Nifty will face the strong resistance at 5880. If Spot Nifty can sustain 5880 for some time then the levels of 5910-5920 very strong and sentimental resistance can be seen. After 5920 you can expect the levels of 5980-6020. Otherwise, If Spot Nifty could not sustain 5850 in the opening bell, then profit booking can bring the Spot Nifty down up to 5810-5800 levels. Breaking of 5800 in the downside panic selling will start which ultimately can pull down the spot nifty up to 5780-5720-5650 levels. As per my idea spot nifty will remain in the range of 5650-5950 in the current month.

Nifty Intraday Levels For Thursday 21 April 2011
SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
    5788            5725             5886                 5984    
 
Nifty Intraday Levels For Thursday 21 April 2011
SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2
   5800             5730            5909                  5945  

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Intraday Tips Updated at: 11:10 PM
 
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