Intraday Nifty Tips For Wednesday 8th June 2011


Nifty for 8 June :- Tomorrow, 8th June, first of all, Spot NIfty should open and sustain at least above 5560 in the opening bell.  NIfty hurdle is at 5570. Spot Nifty will face the first strong resistance at 5580 levels. If Spot Nifty can able to cross 5580 and can sustain for some time, then the levels of 5610-5640 could be seen.  Otherwise, If Spot Nifty could not sustain 5560 in the opening bell, then profit booking can bring the Spot Nifty down sharply up to 5550-5545-5520 levels. Breaking of 5520, panic selling will drag the Spot Nifty down up to 5500-5480 levels. Daily Nifty Technical View 

Nifty Intraday Levels For 8 June 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
      5519               5482               5582                    5607        

Nifty Future Intraday Levels For 8 June 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
      5522               5481                5591                    5619