Intraday Nifty Tips For Tuesday 7th June


Nifty for 7 June :- Tomorrow, 7th June, first of all, Spot Nifty should open and sustain at least above 5532 in the opening bell.  Nifty hurdle is at 5542. Spot Nifty will face the first intermediate resistance at 5460 & the second strong resistance at 5580 levels. If Spot Nifty can able to cross 5580 and can sustain for some time, then the levels of 5620-5640 could be seen. Otherwise, If Spot Nifty could not sustain 5532 in the opening bell, then profit booking can bring the Spot Nifty down sharply up to 5520-5500 levels. Breaking of 5500 panic selling will drag the spot nifty down up to 5480-5450 levels. Daily Nifty Technical View 

Nifty Intraday Levels For 7 June 2011
SUPPORT 1 SUPPORT 2  RESISTANCE 1 RESISTANCE 2
     5494                5455                5557                    5581        

Nifty Future Intraday Levels For 7 June 2011
SUPPORT 1 SUPPORT 2  RESISTANCE 1 RESISTANCE 2
      5492               5448                 5564                   5591