2/02/2010

NIFTY 2nd Feburary 2010

TODAY'S VIEW

PIVOT LEVELS
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TODAY SELL NIFTY AROUND 4950-4924 FOR A TARGET1-4900TARGET2- 4865 keep SL-4972
TODAY BUY NIFTY AROUND 4848-4874FOR A TARGET1-4900TARGET2- 4929 keep SL-4820
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TREND LEVELS
Today's trend resistance @ 4921


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BULL LEVELS

If NIFTY able to cross 4918-4929 then non-stop rally till 4962
If NIFTY able to cross 4962 then will kiss 4984-4999-5025
U-TURN LEVEL @ 5025


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BEAR LEVELS(if yesterday high not taken out)

If breaks yesterday's low 4864-4847 then non-stop slide till 4827-4811-4798
Synthetic support @ 4798
U-TURN level(MONTHLY) @ 4855 (click here for reference(already taken U-TURN, now new high expected till 5431)
U-TURN level(EXISTING SWING-DAILY) @ 4747

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