Nifty for Tomorrow Monday 23 May :- Monday, 23rd May, first of all, Spot Nifty should open and sustain at least above 5490 in the opening bell. Nifty hurdle is at 5500. Spot Nifty will face the first strong resistance at 5520-5525 levels . If the level of 5525 can be crossed and sustain for some time, then the levels of 5565-5580-5600 could be seen. otherwise, if Spot Nifty could not sustain 5480 in the opening bell, then profit booking can bring the spot nifty down sharply up to 5440-5430 levels. breaking of 5430, panic selling may pull the spot nifty down up to 5400-5350 levels. Daily Nifty Technical View
Nifty Intraday Levels For Monday 23rd May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5440 5394 5525 5564
Nifty Future Intraday Levels For Monday 23rd May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5435 5385 5528 5572