Nifty: Resistance 5544-5555/5585-5597/5615/5630
Support 5525/5495/5451-5444/5420
Nifty witnessed another zig-zag session with a tight range bound moves between 5500-5540. Today again Nifty may open flat. Immediate support @ 5525, if breached, Nifty may slide towards 5495 & lower support target zone. On upside, resistance @ 5555, if cross & sustains, Nifty can go upto further resistance zone 5585-97 range. Closing above 5555, Nifty has chances to test 5630+ zone in comings sessions.
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June 10, 2011
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