Nifty
for 20 June
:-
Monday,
20th June, first of all, spot nifty should open and sustain at least
above5366 in the opening bell. nifty hurdle is at 5375.
spot nifty will face the first string resistance at 5385-5390 levels
and then will face series of resistances like 5400-5420. Above 5420,
fresh buying can take the spot nifty up to 5450-5510 levels.
otherwise, if spot nifty could not sustain 5366 in the opening
bell, then profit booking can bring the spot nifty down sharply up to
5355-5340 levels. breaking of 5340, panic selling will drag the spot
nifty at 5320-5315-5280 levels.
SPOT
NIFTY: S1 5341 S2 5316 R1 5406 R2 5446
NIFTY
FUTURE: S1 5348 S2 5322 R1 5411 R2 5450
Nifty Intraday Levels For
20 June 2011
SUPPORT
1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5341
5316 5406
5446
Nifty Future Intraday
Levels For 20 June 2011
SUPPORT
1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5348
5322 5411 5450