Wednesday, May 18, 2011

Nifty's Future Trading Levels

Here a small pullback of 80-100 points may be seen but 5530 will pose a resistance.

Nifty Future May's Critical Levels for 19.05.2011

Projected High : 5494
Projected Low : 5388


Resistance 5 : 5520 Short Here with Stop Loss of 5550
Resistance 4 : 5494
Resistance 3 : 5469 Book Profit above this level
Resistance 2 : 5461
Resistance 1 : 5454

. Buy at 5440 with sl 5420
Direction Change Level : 5428
. Short at 5410 with sl 5430

Support 1 : 5403
Support 2 : 5395
Support 3 : 5388
Support 4 : 5362 Book Profit below this level
Support 5 : 5337 Buy Here with Sl 5300


Buy IDFC May Future at 128-129 sl 127 tgt 133-136

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