1/22/2010

NIFTY 22nd January 2010


TODAY'S VIEW

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TODAY SELL NIFTY AROUND 5168-5131 FOR A TARGET1-5086TARGET2- 5045 keep SL-5185
TODAY BUY NIFTY AROUND 5019-5057FOR A TARGET1-5086TARGET2- 5148 keep SL-5170
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------  
*************************  BE CAREFUL IN LONGS  **************************
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TREND LEVELS
Today's trend support @ 5082 & Weekly trend resistance @ 5177

NIFTY TREND CHART 


NIFTY PIVOT TABLE


---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BULL LEVELS (if yesterday's low not taken out)

If NIFTY able to cross 5112-5122 then will kiss 5136-5140
If NIFTY able to cross 5136-5140 then will kiss 5172




---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BEAR LEVELS 

If breaks 5086 (U-TURN LEVEL) then non-stop slide till 5045-5025
U-TURN level @ 5045

NIFTY SYNTHETIC (WEEKLY) CHART        DAILY CHART




---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




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