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Nifty Intraday Tips 24 June 2011


Nifty for 24 June :- Tomorrow, 24th June, first of all, Spot Nifty should open and sustain at least above 5320 in the opening bell.  Nifty hurdle is at 5330. Spot Nifty will face the first strong and Psychological Resistance at 5350. If Spot Nifty can sustain 5350 for some time, then next levels of Spot Nifty will be 5380 maximum up to the level of 5400-5430. Otherwise, if Spot Nifty could not sustain 5320 in the opening bell, then profit booking can bring the Spot Nifty down sharply up to 5300 level and again below 5300 of Spot Nifty the weakness of the market will start again and market may go down up to 5250 level, breaking of 5250, panic selling will start and spot nifty can collapse up to 5220-5190 levels.
Nifty Intraday Levels For 24 June 2011 

Support for Nifty         :-  5271, 5223.
Resistance for Nifty   :-  5350, 5379, 5428

Nifty Future Intraday Levels For 24 June 2011

Support for Nifty          :-  5276, 5233.
Resistance for Nifty    :-  5350, 5380.

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Intraday Tips Updated at: 10:16 PM
 
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