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Intraday Nifty Tips For Monday 30 May 2011


Nifty for Tomorrow Monday 30 May :- Tomorrow, 30th May Monday, first of all, Spot Nifty should open and sustain at least above 5480 in the opening bell.  Nifty hurdle is at 5485. if Spot Nifty can able to cross 5485 and sustain for some time, then the levels of 5500-5530-5580 could be seen otherwise, if Spot Nifty could not sustain 5475 in the opening bell, then profit booking can bring the spot nifty down sharply up to 5460-5430-5410-5400 levels. 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 up to 5380-5360 levels.  
Daily Nifty Technical View 
Nifty Intraday Levels For Monday 30 May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2 
    5431           5386              5503              5531      

Nifty Future Intraday Levels For Monday 30 May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2 
    5427           5387              5494               5521    

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Intraday Tips Updated at: 2:30 PM
 
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