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Intraday Nifty Tips For Monday 9 May 2011


Nifty for Monday 9 May :- Tomorrow Monday, 9th May, first of all, Spot Nifty should open and sustain at least above 5550 in the opening bell. Nifty hurdle is at 5560. Spot Nifty will face the first strong resistance at 5580. If 5580 can sustain for sometime, then the levels of 5620-5680 could be seen. Otherwise, If Spot Nifty could not sustain 5550 in the opening bell, then profit booking can bring the Spot Nifty down up to 5540-5530-5520 levels. Below 5520 a sharp decline will be observed and the spot nifty can go down up to 5480-5440-5470 levels.  Daily Nifty Technical View 
Nifty Intraday Levels For Monday 9th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
     5494               5437                  5586                      5621     
Nifty Future Intraday Levels For Monday 9th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
      5491               5426                  5597                     5639  

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Intraday Tips Updated at: 2:33 PM
 
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