Wednesday, June 1, 2011

Nifty tips for today 2 June 2011

Nifty was on bull trend yesterday and closed at 5592.Today the first resistance for nifty is at 5600-05 level.Next resistance is at 5614-18 level.Next resistance is at 5639-44 level.Next resistance is at 5678-83 level.Next resistance is at 5729-33 level. On downside first support is at 5581-78 level.Next support is at 5552-47 level.Next support is at 5532-28 level.Next support is at 5504-00 level.Next support at 5488-85 level.Next support is at 5460-55 level.Next support is at 5442-39 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.So today main resistance for upside are at 5605 and 5644 level.Positionally next main hurdle is at 5683 level.On down side below 5547 be alert and below 5500 trend is weak.


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