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Nifty Intraday Tips For Wednesday 20th April 2011

Nifty for Wednesday 20 April :- Tomorrow, 20th April, First of all, Spot Nifty should open and sustain at least above 5740 in the opening bell. Nifty hurdle is at 5750. Spot Nifty will again face simultaneous Resistances at 5780 and then 5800. If 5800 can be crossed by Spot Nifty and sustain for some time then the level of 5850 can be seen. Above 5850 strong buying and short covering can take the spot nifty up to 5910-5950 levels. Otherwise, If Spot Nifty could not sustain 5740 in the opening bell, Then profit booking can bring the spot nifty down up to 5730-5700 levels. Breaking of 5700 in the downside panic selling will start which ultimately can pull down the spot nifty up to 5680-5630-5600 levels. daily nifty technical view

Nifty Intraday Levels for Wednesday  20 April 2011
SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
    5702            5663              5771               5802        

Nifty Future Levels for for Wednesday  20 April 2011
SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
    5715            5669              5794                5827         

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Intraday Tips Updated at: 7:15 PM
 
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