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.
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June 02, 2011
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