June 02, 2011

Intraday View For 02/06/10

Nifty: Resistance 5597/5615/5630/5666/5691
Support 5555/5525/5495/5451/5420

Nifty continued is upward move & after gap up opening, it remained in 30 pts range through out. For today, we may expect, gap down opening of 30-40 pts in line with Asian market. Immediate support pegged @ 5555, sustaining below this, Nifty will find support @ 5525-5495 range. On higher side, Nifty has immediate resistance @ 5597, & yesterday it just closed below 5597 resistance, as written. Sustaining above this only, Nifty has chance to show some +ve moves past 5600 mark.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No comments:

  © ValueMCX 2011

Back to TOP