8/20/2009

NIFTY

AS NIFTY ALREADY BROKEN THE MONTHLY BULLISH CHANNEL@4580 LEVEL & ABOUT TO BREAK WEEKLY BULLISH CHANNEL@4360LEVEL


EXISTING SWING TREND WILL TURN TO BULLISH ONLY WHEN NIFTY TRADE ABOVE 4470-4480 LEVEL.


AS DAILY TREND IS BULLISH, GO LONG WITH A STOPLOSS OF 4360 FOR A TARGET OF 4520 LEVEL

BREAK-OUT LEVELS ARE 4350 & 4530

BUY NIFTY AROUND 4358 FOR A TARGET1-4385, TARGET2: 4420 keep SL-4350 -4320

SELL NIFTY AROUND 4450 FOR A TARGET OF 4400 SL-4470

No comments:

Post a Comment

DISCLAIMER

All the content mentioned in this blog is my personal journal and should not be taken as a trading advice. Please use the content purely for learning purposes. I may or may not be holding any positions in the stocks/contracts under discussion. I will not be responsible for your profits or losses