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Nifty Intraday Tips For 22 June 2011

Nifty for 22 June :- Tomorrow, 22nd June, first of all, Spot Nifty should open and sustain at least above 5275 in the opening bell.  Nifty hurdle is at 5285. Spot Nifty will face the first strong and Psychological resistance at 5315. If Spot Nifty can sustain 5315 for some time, then next levels of spot nifty will be 5325-5350 maximum up to the level of 5380. otherwise, if Spot nifty could not sustain 5275 in the opening bell, then profit booking can bring the spot nifty down sharply up to 5260-5250 levels. breaking of 5250, panic selling will drag the spot nifty down up to 5220-5180 levels.

Nifty Intraday Levels For 22 June 2011
Support for Nifty        :-  5247, 5219.
Resistance for Nifty  :-  5313, 5350.

Nifty Future Intraday Levels For 22 June 2011
Support for Nifty       :-  5232, 5186.
Resistance for Nifty :-  5347, 5417.

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Intraday Tips Updated at: 9:06 PM
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