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Intraday Nifty Tips For Wednesday 25 May 2011


Nifty for Tomorrow 25 May :- Tomorrow, 25 May, Spot Nifty Should open and sustain at least above 5394 in the opening bell.  Nifty hurdle is at 5405. Spot Nifty will face the first strong resistance at 5425 level. If Spot Nifty can able to cross 5425 within the first hour of the opening bell, the it can go up to 5450-5480 levels. 5480 is now acting as a strong resistance above which Spot Nifty can maximum go up to 5505-5530-5560 levels.  Otherwise, if Spot Nifty could not sustain 5394 in the opening bell, then profit booking can bring the Spot Nifty down sharply up to 5370 level. Breaking of 5370, panic selling may pull the Spot Nifty down up to 5340-5310-5280 levels. Nifty Technical View 
Nifty Intraday Levels For 25 May 2011
SUPPORT 1 SUPPORT 2  RESISTANCE 1 RESISTANCE 2 
      5367              5340                 5422                      5450          
Nifty Future Intraday Levels For 25 May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
      5359               5331                 5417                      5446        

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Intraday Tips Updated at: 10:41 PM
 
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