Nifty for 12 May :- Tomorrow, 12th May, first of all, Spot Nifty should open and sustain at least above 5565 in the opening bell. Spot Nifty will again face the strong resistances at 5580-5590 levels. Above 5590, you can expect the levels of 5610-5650-5700 levels. otherwise, If Spot Nifty could not sustain 5565 in the opening bell, then profit booking can bring the Spot Nifty down sharply up to 5540-5525 levels. Breaking of 5525 support in the down trend, panic selling can pull the Spot Nifty up to 5505-5480 levels. Nifty Technical View
Nifty Intraday Levels For 12th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5535 5505 5585 5635
Nifty Future Intraday Levels For 12th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5533 5501 5587 5610