Intraday Nifty Tips For Thursday 19th May 2011


Nifty for Tomorrow 19 May :- Tomorrow, 19th May, First of all, Spot Nifty should open and sustain at least above 5420 in the opening bell.  Nifty hurdle is at 5430. Spot Nifty will face the first strong resistance at 5460 level and the next strong resistance at 5490 levels. Above 5490 fresh buying can take the Spot Nifty up to 5510-5550. Otherwise, If spot nifty could not sustain 5420 in the opening bell, then profit booking can bring the spot nifty down sharply up to 5400-5395 level. Breaking of 5395, panic selling may pull down the spot nifty up to 5370-5340-5310 levels. Daily Nifty Technical View
Nifty Intraday Levels For 19th May 2011
SUPPORT 1 SUPPORT 2  RESISTANCE 1 RESISTANCE 2
       5394              5368                5454                    5487      
Nifty Future Intraday Levels For 19th May 2011
SUPPORT 1 SUPPORT 2  RESISTANCE 1 RESISTANCE 2
      5393               5362                5459                    5494