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Intraday Nifty Tips For Wednesday 1st June 2011

Nifty for Tomorrow 1 June :- Tomorrow, 1st June first of all, Spot Nifty should open and sustain at least above 5560 in the opening bell.  Nifty hurdle is at 5575. Spot Nifty will face the first strong resistance at 5580-5590 levels. If Spot Nifty can able to cross 5590 and can sustain for some time, then the levels of 5620-5675 could be seen. Otherwise, if Spot Nifty could not sustain 5560 in the opening bell, then profit booking can bring the Spot Nifty down sharply up to 5540 level. Breaking of 5540 it may go down further at 5490-5510 levels. Now 5510 will act as a strong support, below which spot nifty can collapse up to 5450-5420 levels.  Daily Nifty Technical View 
Nifty Intraday Levels For 1st June 2011
       5509               5457                5591                      5622         

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Intraday Tips Updated at: 12:28 AM
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