3/12/2010

NIFTY 12th March 2010

******************************************************************
NIFTY TARGET
5480 on 12th April 2010.
**********SHORTS CAREFUL*************
BUY ON DIPS AROUND
5090 & hold till MARCH expiry Stop-Loss 5050
******************************************************************

PIVOT LEVELS
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TODAY SELL NIFTY AROUND 5161-5147 FOR A TARGET1-5132TARGET2- 5115 keep SL-5180
TODAY BUY NIFTY AROUND 5105-5119 FOR A TARGET1-5132TARGET2- 5155 keep SL-5090
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
NIFTY TARGET 5480
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BULL LEVELS

As mentioned earlier above 5089 will be highly BULLISH
NIFTY holding 5089 through out this week, today close above 5089 will confirm target 5221
U-TURN level(weekly) @ 5221   & 
 
  
  
 
U-TURN level(monthly) @ 5431-5441

NIFTY SYNTHETIC SWING (DAILY)
 
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BEAR LEVELS 
(if yesterday's high not taken out)

If NIFTY breaks 5125-5115 then non-stop slide till 5101-5097-5086
If NIFTY breaks 5086 then non-stop slide till 5065
U-TURN level(daily) @ 5065   & 
 
  
  
 
U-TURN level(weekly) @ 4703

NIFTY SYNTHETIC SWING (DAILY)
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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