Thursday, June 16, 2011

NSE NIFTY Support Resistance for 17th June

Today’s supports for the NIFTY are placed at the 5350 and 5375 levels whereas resistances are placed at the 5425 and 5445 levels.

NIFTY (5,396.75) SU—5350--5375 RE—5425--5445.

Sustenance below the 5425—5450 levels will see the NIFTY slip towards the 5300—5250 levels over the upcoming sessions.

Upside resistances are placed at the 5450—5480 levels.

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