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Intraday Nifty Tips For Tuesday 31st May 2011


Nifty for Tomorrow 31 May :- Tomorrow, 31st May, first of all, Spot Nifty should open and sustain at least above 5473 in the opening bell.  Nifty hurdle is at 5480. Spot Nifty will face the first intermediate resistance at 5495 and a very strong resistance at 5505. If Spot Nifty can able to cross 5505 in the first hour in the opening bell and can sustain for some time, then the levels of 5530-5550-5580 could be easily seen. Otherwise, If Spot nifty could not sustain 5473 in the opening bell, then profit booking can bring the spot nifty down sharply up to 5460-5450 levels. below 5450 panic selling may pull the spot nifty down up to 5430-5400 levels.Nifty Technical View 

Nifty Intraday Levels For 31st May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
   5451            5430              5502             5531     

Nifty Future Intraday Levels For 31st May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
   5427            5387              5494               5521   

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Intraday Tips Updated at: 9:45 PM
 
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