2/22/2010

NIFTY 22nd February 2010

TODAY'S VIEW

PIVOT LEVELS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TODAY SELL NIFTY AROUND 4890-4867 FOR A TARGET1-4848, TARGET2- 4810 keep SL-4910
TODAY BUY NIFTY AROUND 4800-4822 FOR A TARGET1-4848, TARGET2- 4878 keep SL-4780
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------  

Daily trend is UP;   Weekly trend UP;   Monthly trend is UP

NIFTY TREND CHART(DAILY)                                  NIFTY TREND (WEEKLY/MONTHLY)

NIFTY PIVOT TABLE
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BULL LEVELS (if friday's low not taken out)

If NIFTY able to cross 4872-4881 then non-stop rally till 4904-4918
If NIFTY able to cross 4904-4918 then non-stop rally till 4935-4941
U-TURN level(daily) @ 4985   & 
  
 
U-TURN level(weekly) @ 4935

NIFTY SYNTHETIC SWING (DAILY)                    SYNTHETIC SWING (WEEKLY/MONTHLY)



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

If NIFTY breaks 4810-4805 then non-stop slide till 4792-4782
If NIFTY breaks 4782 then non-stop slide till 4763-4746
U-TURN level(daily) @ 4734   & 
  
 
U-TURN level(weekly) @ 4492

NIFTY SYNTHETIC SWING (DAILY)                    SYNTHETIC SWING (WEEKLY/MONTHLY)



---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Posted by Kumaraguru at 00:00

1 comment:

  1. Anonymous22 February 2010 at 13:11

    hi kumar sir can you please say how do you arrive at the 2nd target for the day please tell this as this will help so many like me
    thank you
    shankar

    ReplyDelete

Subscribe to: Post Comments (Atom)

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