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NIFTY INTRADAY LELVELS ON 15-06-2010

Nifty supports 5180, 5155,5120
Nifty Resistances 5209,5230,5270.

Trading strategy for Intraday : Buy Nifty above 5209 with stoploss 5180 target 5230,5270.
book 50% @ 1st target modify SL to buying price and wait for 2nd target.
Sell Nifty below 5180 with Stoploss 5210 for targets 5155, 5120. book 50% @ 1st target and modify SL to buying price and wait for 2nd target.

I already mentioned in previous post that above 5140 with volumes Nifty will touch 5180, 5209. 1st target all most touched.
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