Here a small pullback of 60-80 points may be seen but 5490-5520 will pose a resistance.
Nifty Future May's Critical Levels for 20.05.2011
Resistance 5 : 5492 Short Here with Stop Loss of 5525
Resistance 4 : 5474
Resistance 3 : 5456 Book Profit above this level
Resistance 2 : 5451
Resistance 1 : 5445
. Buy at 5440 with sl 5420
Direction Change Level : 5427
. Short at 5410 with sl 5440
Support 1 : 5409
Support 2 : 5403
Support 3 : 5398
Support 4 : 5380 Book Profit below this level
Support 5 : 5362 Buy Here with Sl 5340
Buy Ashok Leyland at 48-49 sl 46 tgt 51-53
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