1/05/2010

NIFTY 5th January 2010


REVIEW ON MY PREVIOUS LEVELS

"Yesterday mentioned above 5229 non stop rally till 5289(minor hurdle) & further up to 5311 or 5398 (Nifty crosses 5229 & hits 5238). Today holding 5229 will hit 5289 for sure" 

Ascending triangle break-out happened last week, which targets 5421
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TODAY'S VIEW

from last week, mentioning above 5229 will be HIGHLY BULLISH, with target 5289(minor resistance) & further upto 5311-5398

U-TURN LEVEL @ 5311(watch carefully)

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TODAY SELL NIFTY AROUND 5271-5251 FOR A TARGET1-5230, TARGET2- 5205 keep SL-5285
TODAY BUY NIFTY AROUND 5192-5212 FOR A TARGET1-5235, TARGET2- 5265 keep SL-5170
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Above 5229 no major synthetic resitance available till 5311& 5398

BEARS LEVEL

If breaks 5168 then non-stop slide till 5140-5133
If breaks 5133 then non-stop slide till 5070(u-turn level)
NEO-PLATONIC support @ 5186 & 5168

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)

Today's high level could be 5285 or 5304 (GANN's level)
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NIFTY SYNTHETIC(DAILY) CHART
NIFTY TREND CHART
NIFTY GANN'S CHART
NIFTY PIVOT TABLE
Posted by Kumaraguru at 00:00

2 comments:

  1. Anonymous5 January 2010 at 22:58

    friend, due to change in timing,i suggest that if possible please update the blog by 10:00 pm
    thanks,
    kotwani

    ReplyDelete
  2. Kumaraguru6 January 2010 at 10:35

    Hi kotwani,

    Due to my official & personal commitment, i will get time to analyze about NIFTY only after 10-11pm.

    Anyhow i will try to update at the earliest i can.

    KGuru

    ReplyDelete

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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