Intraday Nifty Tips For Wednesday 18th May 2011


Nifty for Tomorrow 18 May :- Tomorrow, 18th May, First of all, Spot Nifty should open and sustain at least above 5440 in the opening bell.  Spot Nifty will face the first minor resistance at 5460 and the next tough resistance at 5505. If 5505 can sustain for some time then the levels of 5560-5580-5600 can be seen. Otherwise, if Spot Nifty could not sustain 5440 in the opening bell, then profit booking can bring the spot nifty down sharply up to 5400 level. breaking of 5400, panic selling may pull down the spot nifty up to 5360-5300 levels. Daily Nifty Technical View
Nifty Intraday Levels For 18th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
      5399               5358                5502                     5564       
Nifty Future Intraday Levels For 18th May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
      5406               5365                5505                      5563