Nifty Future's Trading Level

Bulls last hope for Nifty is 5480. If Nifty closes below 5480 then there are more chances of breaking down of 5443 and go deeper.

Nifty Future May's Critical Levels for 12.05.2011

Projected High : 5599
Projected Low : 5489

Resistance 5 : 5651 Short Here with Stop Loss of 5665
Resistance 4 : 5637
Resistance 3 : 5591 Book Profit above this level
Resistance 2 : 5584
Resistance 1 : 5576

. Buy at 5560 with sl 5545
Direction Change Level : 5553
. Short at 5540 with sl 5559

Support 1 : 5530
Support 2 : 5523
Support 3 : 5516
Support 4 : 5492 Book Profit below this level
Support 5 : 5469 Buy Here with Sl 54240

Buy Mcleodruss between 265-269 sl 260 Tgt 290