1/13/2010

NIFTY 13th January 2010


REVIEW ON MY PREVIOUS LEVELS


Yesterday mentioned below 5248-5244 will kiss 5204-5202 (Nifty kissed 5200)
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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 5200)
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TODAY'S VIEW
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TODAY SELL NIFTY AROUND 5265-5237 FOR A TARGET1-5209TARGET2- 5158 keep SL-5280
TODAY BUY NIFTY AROUND 5155-5183 FOR A TARGET1-5209TARGET2- 5244 keep SL-5140
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***NIFTY HAS VERY LESS CHANCE TO CLOSE ABOVE 5311 (for reference click here)***

*************BE CAREFUL IN LONGS  **********
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NIFTY TREND CHART
NIFTY TREND(WEEKLY) CHART
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BULL LEVELS

If NIFTY able to cross 5220-5240 then will kiss 5272-5280 in minutes
Above 5280 will kiss 5351 (minor resistance @ 5305) in minutes
NIFTY SYNTHETIC SWING CHART





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BEAR LEVELS

If breaks 5204-5200 then non-stop slide till 5158-5148-5144
If breaks 5144 then non-stop slide till 5110-5099
Trend support @ 5193 & 5178 & Camarilla weekly support @ 5165

NIFTY SYNTHETIC RETRACEMENT CHART





NIFTY SYNTHETIC SWING CHART

NIFTY PIVOT TABLE

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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