WISH YOU ALL HAPPY NEW YEAR 2010
REVIEW ON MY PREVIOUS LEVELS
Yesterday mentioned, if
breaks 5161-5144 then NIFTY will
kiss 5115-5108 level (Nifty not able to break 5161 decisively &
hits 5160)
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TODAY'S VIEW
"Today go SHORT with SL-5200, TARGET-5108-5085"
Note: "Camarilla monthly U-turn also made on tuesday @ 5197 targeting 5085(minimum) should happen
today"
If market fall
heavily, U-TURN LEVEL exists @ 5045
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TODAY SELL NIFTY AROUND 5190-5179 FOR
A TARGET1-5170, TARGET2- 5154 keep SL-5215
TODAY BUY NIFTY AROUND 5149-5159 FOR
A TARGET1-5170, TARGET2- 5182 keep SL-5140
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On tuesday U-TURN taken @ SYNTHETIC(short-term chart) 70.7%
LEVEL @ 5209.
If not crosses tuesday's
high then a fall till 5115-5108 not
ruled out (Go short only below 5161-5144 levels)
BEARS & BULLS
LEVEL WILL REMAIN SAME AS YESTERDAY'S LEVEL
BEARS
LEVEL
If breaks 5161-5144 then non-stop slide
till 5115-5108 not ruled
out
If breaks 5108-5086 then non-stop
slide till 5045
NEO-PLATONIC support @ 5161 &
5144
BULLS
LEVEL
Synthetic levels indicate
above 5210-5229 unexpected buying will
take up to 5289 (minor resistance) &
further upto 5311 &
5398
Synthetic(swing) retracement
& U-TURN levels @ 5311 &
5514 (long-term)
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NIFTY SYNTHETIC(DAILY) CHART
NIFTY TREND CHART
NIFTY SWING CHART
NIFTY PIVOT TABLE
Monthly close is above 5154, but nifty looks like overbought....
ReplyDeleteExpecting your levels eagarly at the earliest.
Wishing you a Very Happy and Prosperous New Year '2010.
Regards