1/11/2010

NIFTY 11th January 2010


REVIEW ON MY PREVIOUS LEVELS


Last week mentioned above 5229 will kiss 5289-5311 (Nifty kissed 5240)

Friday mentioned below 5266 will kiss 5244-5240  (Nifty kissed 5240)
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EXPECTED FUTURE LEVELS

Ascending triangle break-out happened last weeks of last month, which targets 5421 (Nifty already kissed 5311)

Rising wedge breakout happened last week targets 5167-4990-4945 (Nifty already kissed 5234)
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TODAY'S VIEW

U-TURN level FOR BULLS 5311(long-term swing level) & 5351(existing swing) in minutes.

U-TURN level FOR BEARS 5209-5202
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TODAY SELL NIFTY AROUND 5286-5265 FOR A TARGET1-5244TARGET2- 5215 keep SL-5315
TODAY BUY NIFTY AROUND 5200-5223 FOR A TARGET1-5244TARGET2- 5275 keep SL-5180
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***NIFTY HAS VERY LESS CHANCE TO CLOSE ABOVE 5311 (refer synthetic monthly chart)***

NEO-PLATONIC support @ 5229 & 5202
Today's low level could be 5185 or 5166 (GANN's level)

*************BE CAREFUL IN SHORTS**********
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BULL LEVELS & CHARTS

If NIFTY able to cross 5268-5279 then will kiss 5301-5311 in minutes
Above 5311 will kiss 5341-5351 in minutes

NIFTY TREND CHART
NIFTY SYNTHETIC SWING(DAILY) CHART
NIFTY SYNTHETIC SWING(WEEKLY) CHART
NIFTY SYNTHETIC SWING (MONTHLY) CHART
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BEAR LEVELS & CHARTS


If breaks 5229-5234 then will kiss 5209-5202 in minutes
If breaks 5202 then will kiss 5158-5148
NEO-PLATONIC support @ 5229 & 5202

NIFTY SYNTHETIC SWING (BEAR) CHART


NIFTY SYNTHETIC RETRACEMENT CHART

NIFTY PIVOT TABLE






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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