10/07/2009

NIFTY

TODAY SELL NIFTY AROUND 5060-5090 FOR A TARGET1-5030, TARGET2: 4990 keep SL-5100
TODAY BUY NIFTY AROUND 4995-4965 FOR A TARGET1-5020, TARGET2: 5060 keep SL-4940

TODAY GANN'S & FIBONACCI RESISTANCE@ 5062. RISING WEDGE CHANNEL RESISTANCE EXISTS@5080

EXISTING TREND SUPPORT@4935. MAJOR CHANNEL SUPPORT @4880

NIFTY HAS TAKEN MONTHLY CHANNEL SUPPORT YESTERDAY@4920, NOW THE EXISTING SWING TARGETS 5060-5130LEVEL. IF NIFTY NOT ABLE TO GET INTO THE RISING WEDGE CHANNEL THEN MAJOR DOWNFALL UP TO 4800 & 4600 LEVEL NOT RULED OUT.

NIFTY GANN'S CHART

NIFTY MONTHLY CHART

NIFTY SWING CHART

NIFTY RISING WEDGE CHART

NIFTY TREND CHART

NIFTY PIVOT TABLE

Posted by Kumaraguru at 00:47

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