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Intraday Nifty Tips For Thursday 12th May 2011


Nifty for 12 May :- Tomorrow, 12th May, first of all, Spot Nifty should open and sustain at least above 5565 in the opening bell.  Spot Nifty will again face the strong resistances at 5580-5590 levels. Above 5590, you can expect the levels of 5610-5650-5700 levels. otherwise, If Spot Nifty could not sustain 5565 in the opening bell, then profit booking can bring the Spot Nifty down sharply up to 5540-5525 levels. Breaking of 5525 support in the down trend, panic selling can pull the Spot Nifty up to 5505-5480 levels. Nifty Technical View
Nifty Intraday Levels For 12th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
     5535                5505                5585                     5635      
Nifty Future Intraday Levels For 12th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
     5533                5501                5587                     5610     

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Intraday Tips Updated at: 12:08 AM
 
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