Tuesday, May 31, 2011

NSE NIFTY Support Resistance for 1st June


Today’s supports for the NIFTY are placed at the 5510 and 5530 levels whereas resistances are placed at the 5590 and 5610 levels


NIFTY (5,560.15) SU—5510--5530 RE—5590--5610.    The index still has stiff resistance on the upside between the 5600—5650 levels.  Failure to cross the above mentioned resistance levels could see the NIFTY pullback towards the 5500—5475 levels.

Monday, May 30, 2011

NSE NIFTY Support Resistance for 31st May

Today’s supports for the NIFTY are placed at the 5425 and 5450 levels whereas resistances are placed at the 5500 and 5520 levels


NIFTY (5,473.10) SU—5425--5450 RE—5500--5520.
Sustenance above the 5400 levels will see the NIFTY remain in a broad trading range of 5400—5550 levels for the upcoming sessions. The 5350 levels will be the strong support for the NIFTY on the downside

Thursday, May 26, 2011

NSE NIFTY Support Resistance for Friday 27th May

Today’s supports for the NIFTY are placed at the 5350 and 5375 levels whereas resistances are placed at the 5440 and 5460 levels.

NIFTY (5,412.35) SU—5350--5375 RE—5440--5460.
Sustenance above the 5400--5350 levels will see the NIFTY remain in a broad range of 5350—5500 levels over the upcoming few sessions of trade. The 5380—5350 levels will provide good support for the NIFTY on the downside.

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Wednesday, May 25, 2011

NSE NIFTY Support Resistance

Today’s supports for the NIFTY are placed at the 5300 and 5320 levels whereas resistances are placed at the 5375 and 5400 levels.

NIFTY (5,348.95) SU—5300--5320 RE—5375--5400.
The 5250—5180 levels remain the downside targets for the NIFTY if it sustains below the 5400 levels for the upcoming sessions. The 5400-5470 zones will remain as stiff resistance zones for the NIFTY on pullbacks.

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Nifty Support Resistance

Today’s supports for the NIFTY are placed at the 5340 and
5360 levels whereas resistances are placed at the 5425 and
5440 levels.

NIFTY (5,394.85) SU—5340--5360 RE—5425--5440.
Failure to trade above the 5425-5450 levels will mean that the bearishness will persist in the NIFTY. The 5350 levels is the next crucial support for the NIFTY on the downside and a sustained break below the same will see the NIFTY fall towards the 5250—5170 levels.