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Intraday Nifty Tips For Thursday 26 May 2011

Nifty for Tomorrow 26 May :- Tomorrow, 26 May, Spot Nifty should open and sustain at least above 5350 in the opening bell.  Nifty hurdle is at 5360. Spot Nifty will face the first strong resistance at 5400 level and the second one at 5420 level. If Spot Nifty can able to cross 5420 within the first hour of the opening bell, the it can go maximum up to 5440-5480 levels.  Otherwise, if Spot Nifty could not sustain 5350 in the opening bell, then profit booking can bring the spot nifty down sharply up to 5330-5320 levels. breaking of 5320, panic selling may pull the spot nifty down up to 5300-5280-5260 levels.  Daily Nifty Technical View
Nifty Intraday Levels For 26 May 2011
        5322              5295               5382                    5416         
Nifty Future Intraday Levels For 26 May 2011
       5327              5305              5373                       5397       

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Intraday Tips Updated at: 7:32 PM
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