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Nifty Intraday Tips For Friday 17th June 2011


Nifty for 17 June :- Tomorrow, 17th June, first of all, Spot Nifty should open and sustain at least above 5396 in the opening bell.  Nifty hurdle is at 5411. Spot Nifty will face the first intermediate resistance at 5425 level and then will face series of resistances like 5450, 5470, upto maximum target of 5500.  otherwise, if spot nifty could not sustain 5396 in The opening bell, then profit booking can bring the spot nifty down sharply up to 5390-5380-5375 levels. Breaking of 5375, panic selling will drag the spot nifty down up to 5350-5320 levels.

Nifty Intraday Levels For 17 June 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
     5375                5354                5433                    5469      

Nifty Future Intraday Levels For 17 June 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
      5382               5354                 5448                    5487    

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Intraday Tips Updated at: 8:16 PM
 
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