Thursday, May 12, 2011

Nifty Today's Prediction and Intraday Trading Tips (12 May 2011)

Nifty Futures Today opened at 5553.80 Making a high of 5577.90 and a low of 5523.50 then finally settled at 5564.65 points with a gain of 17 Ponts.
If Nifty able to sustain above 5620 then it could go up to 5690-5710 in near term . A Consistent move Below 5440 could take it to 5350 level.

Intraday Nifty Tips-

Intraday traders can Buy Nifty around 5539 for the Targets of 5570-5695 keeping a stoploss of 5485.

If Market trades negative and Nifty Trades below 5510 Go for sell for the targets for 5480-5455.