Nifty's Future Trading Levels

Nifty Future May's Critical Levels for 17.05.2011

Projected High : 5513
Projected Low : 5453

Resistance 5 : 5584 Short Here with Stop Loss of 5600
Resistance 4 : 5561
Resistance 3 : 5538 Book Profit above this level
Resistance 2 : 5531
Resistance 1 : 5524

. Buy at 5510 with sl 5490
Direction Change Level : 5501
. Short at 5490 with sl 5510

Support 1 : 5478
Support 2 : 5471
Support 3 : 5464
Support 4 : 5441 Book Profit below this level
Support 5 : 5418 Buy Here with Sl 5400

Sell Tata Steel May Future 583 sl 595 tgt 568

Hold Your all Short Positions
Sell SBI May Future 2620 sl 2655 Tgt 2550
Sell Canara Bank May Future at 577 sl 586.5 tgt 565
Sell Tatamotors May Future 1195 sl 1216 tgt 1182, 1150