Intraday Nifty Support & Resistance for May 24, 2010

Nifty

Pivot point: -            4906

Resistance    : -         4931>>>>4946>>>>4971>>>>4986>>>>

Support    : -        4881>>>>4866>>>>4842>>>>4826>>>>

 

ABAN

Pivot Point: -    672

Resistance: -    681>>>>686>>>>695>>>>700

Support: -    663>>>>651>>>>649>>>>644

 

For our BTST call Nifty hold as long as 4900 is not breached (I will update my intraday level around 10 o clock)

& if cross 4971 or 4986 than move your stop loss to 4940 to 4960

in ABAN Positional Trader may Hold position & if cross 700 than only move your stop loss to 680

 

For the first time I m giving in advance resistance & support level before market open but

I will update my intraday level after around 10 o clock as I m not available before that.

Sorry for inconvenience