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Intraday Nifty Tips For Friday 27 May 2011


Nifty for Tomorrow 27 May :- Tomorrow, 27th May, first of all, Spot Nifty should open and sustain at least above 5412 in the opening bell.  Nifty hurdle is at 5425. If Spot Nifty can able to cross 5425 and sustain for some time, then the levels of 5440-5460-5500+ could be seen otherwise, if Spot Nifty could not sustain 5412 in the opening bell, then profit booking can bring the Spot Nifty down sharply up to 5400 level. 5400 is acting as a strong and sentimental support and below that market will start showing the weakness. Breaking of 5400 support, spot nifty will sharply going down to 5380-5370-5350 levels. Breaking of 5350 level panic selling will start and the spot nifty can collapse up to 5330-5300 levels. Daily Nifty Technical View 
Nifty Intraday Levels For 27 May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
     5372               5331                  5438                    5463       
Nifty Future Intraday Levels For 27 May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
      5357               5324                  5416                    5442       

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Intraday Tips Updated at: 12:10 AM
 
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