Tuesday, May 17, 2011

Nifty's Futures Trading Level

Nifty Future May's Critical Levels for 18.05.2011

Projected High : 5484.5
Projected Low : 5383

Resistance 5 : 5601 Short Here with Stop Loss of 5600
Resistance 4 : 5563
Resistance 3 : 5525 Book Profit above this level
Resistance 2 : 5513
Resistance 1 : 5502


. Buy at 5470 with sl 5460
Direction Change Level : 5464
. Short at 5460 with sl 5470

Support 1 : 5426
Support 2 : 5414
Support 3 : 5403
Support 4 : 5365 Book Profit below this level
Support 5 : 5327 Buy Here with Sl 5300

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