Nifty for Monday 2 May :- SPOT NIFTY SHOULD OPEN AND SUSTAIN AT LEAST ABOVE 5750 IN THE OPENING BELL. NIFTY HURDLE IS AT 5760. SPOT NIFTY WILL FACE SIMULTANEOUS RESISTANCES AT 5780-5805-5850 LEVELS. IF THE LEVEL OF 5850 CAN SUSTAIN FOR SOME TIME THEN FRESH BUYING WILL PUSH THE SPOT NIFTY UP TO 5880 (STRONG RESISTANCE)-5900+ LEVELS. OTHERWISE, IF SPOT NIFTY COULD NOT SUSTAIN 5745-5740 IN THE OPENING BELL, THEN PROFIT BOOKING CAN BRING THE SPOT NIFTY DOWN UP TO 5700 (PANIC LEVEL) & BREAKING OF 5700, SPOT NIFTY MAY COLLAPSE AND GONE DOWN UP TO 5665-5600 LEVELS.. Daily Nifty Technical View
Nifty Intraday Levels For Monday 2 May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5702 5665 5801 5852
Nifty Future Intraday Levels For Monday 2 May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5708 5662 5812 5869