Google+ NIFTY INTRADAY VIEW FOR 06-01-2010 ~ NIFTY DEMYSTIFIED

Tuesday, June 1, 2010

NIFTY INTRADAY VIEW FOR 06-01-2010

Supports: Corrective up is on and today it has touched the previous level of projection crossed @ 5022 by recording a low @ 5016 (if you remember 4786+236=5022). For coming session main support area would be 5015-4990 zone form where it can again ounce for the higher targets.
Resistances: 5085-90 is poised to show. It will be a stiff hurdle. Any breakout above that will set nifty for the higher targets @ 5165-5200.

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