Niftyfor 15 June:- Tomorrow,15th June, first of all, Spot Nifty should open and sustain at leastabove 5500 in the opening bell. Nifty hurdle is at5505. Spot Nifty will face the first intermediate resistance at 5510level and then will face series of resistances like 5520, 5540, 5560up to maximum target of 5580. Otherwise,IF Spot Nifty could not sustain 5500 in the opening bell, then profitbooking can bring the spot nifty down sharply up to 5480-5470-5450level. Breaking of 5450, panic selling will drag the spot nifty downup to 5430-5410-5400 levels.
Nifty Intraday Levels For 15 June 2011
SUPPORT1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5483 5466 5519 5538
Nifty Future IntradayLevels For 15 June 2011
SUPPORT1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5496 5476 5536 5555