Nifty
for 16 June
:-
Tomorrow,
16th June, first of all, Spot Nifty should open and sustain at least
above 5450 in the opening bell. Nifty hurdle is at
5350. Spot Nifty will face the first intermediate resistance at 5470
level
and then will face series of resistances like 5485-5522 up to maximum
target of 5485. Otherwise, If Spot Nifty could not sustain 5450
in the opening bell, then profit booking can bring the spot nifty
down sharply up to 5420-5360 level.
Nifty Intraday Levels
For 16 June 2011
SUPPORT
1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5420 5360 5485 5522
