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Intraday Nifty Tips For Thursday 2nd June 2011

Nifty for Tomorrow 2 June :- Tomorrow, 2nd June, first of all, Spot Nifty should open and sustain at least above 5592 in the opening bell.  Nifty hurdle is at 5606. Spot Nifty will face the first strong resistance at 5620 levels. If Spot Nifty can able to cross 5620 and can sustain for some time, then the levels of 5650-5680 could be seen. otherwise, if spot nifty could not sustain 5590 in the opening bell, then profit booking can bring the spot nifty down sharply up to 5570-5560 levels. breaking of 5560 it may go down further at 5545-5530 levels. Now 5530 will act as a strong support, below which spot nifty can collapse up to 5500-5450 levels.  Daily Nifty Technical View 

Nifty Intraday Levels For 2 June 2011
     5569              5545                 5606                     5621        

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Intraday Tips Updated at: 9:18 PM
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