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Nifty Intraday Tips For 21st June 2011


Nifty for 21 June :- Tomorrow, 21st June, first of all, Spot Nifty should open and sustain at least above 5257 in the opening bell.  Nifty hurdle is at 5280. Spot Nifty will face the first strong and sentimental resistance at 5300. If Spot nifty can sustain 5300 within one hour of the opening bell, then next levels of Spot Nifty will be 5320-5360. Above 5365 more fresh buying will take the Spot Nifty maximum up to 5450 level very difficult.  Otherwise, if spot nifty could not sustain 5257 in the opening bell, then profit booking can bring the spot nifty down sharply up to 5195-5177 levels. breaking of 5177 52w low , violent panic selling will drag the spot nifty at 5150-5000 levels.

Nifty Intraday Levels For 21 June 2011
Support for Nifty                      :-   5177, 5096.
Resistance for Nifty                :-   5358, 5459.

Nifty Future Intraday Levels For 21 June 2011
Support for Nifty Future        :-   5172, 5079.
Resistance for Nifty Future  :-   5369, 5473.


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Intraday Tips Updated at: 9:44 PM
 
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