Nifty Intraday for Tuesday 19th April :- Tomorrow, 19th April, First of all, Spot Nifty should open and sustain at least above 5730 in the opening bell. Nifty hurdle is at 5750. Spot Nifty will face simultaneous resistances at 5780 & then 5800. If 5800 can be crossed by spot nifty and sustain for some time then the level of 5850 can be seen. Above 5850 strong buying and short covering can take the Spot Nifty at 5900-5950 levels. Otherwise, If spot nifty could not sustain 5730 in the opening bell, Then profit booking can bring the spot nifty down up to 5700-5670 levels. Breaking of 5670 in the downside panic selling will start which ultimately can pull down the spot nifty up to 5650-5600. Don’t like to say more. somehow, as the Indian Stock Market is already oversold today, tomorrow 19th April a sharp pull back upward rally is being expected. Daily Nifty Technical View
Nifty Intraday Levels for Tuesday 19 April 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5668 5607 5844 5959
Nifty Future Levels for for Tuesday 19 April 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5668 5601 5862 5989