Nifty intraday tips for today 14 June 2011

Nifty was on very slight bear trend yesterday and closed at 5482.Today the first resistance for nifty is at 5500-03 level.Next resistancce is at 5517-22 level.Next resistance is at 5539-43 level.Next resistance is at 5567-70 level.Next resistance is at 5604-09 level.Next resistance is at 5638-43 level.Next resistance is at 5678-83 level.Next resistance is at 5729-33 level. On downside first support is at 5467-63 level.Next support is at 5451-46 level.Next support is at 5421-16 level.Next support is at 5403-00 level.Next support is at 5380-75 level.Next support is at 5336-31 level.Next support is at 5311-06 level.Next support is at 5282-78 level.Next support is at 5232-28 level.Next support is at 5177-75 level.Nifty is in bear region still a positive is yesterday's recovery from lower level .The hope for bulls is only above 5522 level but if again nifty slip below 5450 it is a warning sign and below 5416 selling may intensify so be very alert.

Get FREE - Intraday Tips in Indian Share Market