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Intraday Nifty Tips For Wednesday 4th May 2011

Nifty for Wednesday 4th May :- Tomorrow, 4th May, First of all, Spot Nifty should open and sustain at least above 5565 in the opening bell. Nifty hurdle is at 5600. Spot Nifty will face simultaneous Resistances at 5620-5650 Levels. Above 5650 of Spot Nifty short covering will take the Spot Nifty up to 5670-5700 levels. Above 5710 more fresh buying will take place and Spot Nifty can reach 5750-5800 levels otherwise, If Spot Nifty could not sustain 5565 in the opening bell, then profit booking can bring the Spot Nifty down up to 5510-5450 levels.
Nifty Intraday Levels For Wednesday 4th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
     5510                 5454                 5666                  5766          

Nifty Future Intraday Levels For Wednesday 4th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
   5510                  5452                   5676                  5784        

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Intraday Tips Updated at: 8:43 PM
 
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