Nifty Intraday Tips For Wednesday 13th April 2011

Nifty for Wednesday 13th april :- First of all, Spot Nifty should open and sustain at least above 5785 in the opening bell. Nifty hurdle is at 5800. Spot Nifty will face some Resistances at 5820 then 5850. If 5850 can be crossed and sustained for some time, then short covering will start which can take the Spot Nifty as such 5880-5915-5940 very strong resistance. Otherwise, If spot nifty could not sustain 5780 in the opening bell, then profit booking can bring the spot nifty down up to 5765-5740-5715-5685 levels.

Nifty Intraday Levels for 13 April 2011  Daliy Nifty Technical View  

SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
    5766            5746              5818               5850    

Nifty Future Levels for for 13 April 2011

SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2
     5784           5764              5836                5868