Intraday Nifty Tips For Wednesday 27 April 2011


Nifty for Wednesday 27 April :- Tomorrow, 27th April, First of all, Spot Nifty should open and sustain at least above 5868 in the opening bell. Nifty hurdle is at 5880. As usual Spot Nifty will face strong resistances at 5910-5920 levels. After 5920 it may reach up to 5950. Now the level of 5950 should sustain and above that fresh buying will take the Spot Nifty up to 5980-6020 levels. Otherwise, If Spot Nifty could not sustain 5868 in the opening bell, Then profit booking can bring the Spot Nifty down up to 5850-5810 levels. Breaking of 5800 in the downside panic selling will start which ultimately can pull down the Spot Nifty up to 5750-5700 levels.     Daily Nifty Technical View           

Nifty Intraday Levels For Wednesday 27 April 2011
SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
    5809             5749             5911                 5953