2/08/2010







TODAY'S VIEW

PIVOT LEVELS
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TODAY SELL NIFTY AROUND 4787-4772 FOR A TARGET1-4755TARGET2- 4730 keep SL-4810
TODAY BUY NIFTY AROUND 4726-4742 FOR A TARGET1-4755TARGET2- 4780 keep SL-4690
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NIFTY TREND CHART(DAILY)                                  NIFTY TREND (WEEKLY/MONTHLY)
NIFTY PIVOT TABLE 


Daily trend is UP;   Weekly trend UP;   Monthly trend is DOWN
Close below 4700 will change daily & weekly TREND to BEAR
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BULL LEVELS (if friday's low not taken out)

If NIFTY able to cross 4769-4774 then non-stop rally till 4792-4800
If NIFTY able to cross 4792-4800 then non-stop rally till 4844-4855
U-TURN level(daily) @ 4824 & 
  
 
U-TURN level(weekly) @ 4951

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







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BEAR LEVELS (if Saturday's high not taken out)

If NIFTY breaks 4710-4691 then non-stop slide till 4661-4653
If NIFTY breaks 4653 then non-stop slide till 4629
U-TURN level(daily) @ 4578-4585 & 
  
 
U-TURN level(weekly) @ 4726

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






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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