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Intraday Nifty Tips For Thursday 5th May 2011

Nifty for Thursday 5th May :- Tomorrow, 5th May, first of all, Spot Nifty should open and sustain at least above 5540 in the opening bell. Spot Nifty will face the first strong resistance at 5580 and then at 5620. Above 5620 Spot Nifty can reach up to 5650-5700 levels. Otherwise, If Spot Nifty could not sustain 5540 in the opening bell, then profit booking can bring the Spot Nifty down up to 5520-5500 levels. Breaking of 5500 panic selling may pull the Spot Nifty down up to 5460-5420 levels.
Nifty Intraday Levels For Thursday 5th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
    5501                5464                 5576                      5615  
Nifty Future Intraday Levels For Thursday 5th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
    5502                5465                  5584                     5629  

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Intraday Tips Updated at: 7:46 PM
 
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