NIFTY 3rd March 2010

PIVOT LEVELS

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TODAY SELL NIFTY AROUND 5069-5042 FOR A TARGET1-5020, TARGET2- 4985 keep SL-5090

TODAY BUY NIFTY AROUND 4965-4992 FOR A TARGET1-5020, TARGET2- 5050 keep SL-4948

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

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

NIFTY PIVOT TABLE

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BULL LEVELS

If NIFTY able to cross 5029-5037 then non-stop rally till 5089

If NIFTY able to cross 5089 then non-stop rally till 5221

U-TURN level(daily) @ 4985-5037   & 

 

  

  

 

U-TURN level(weekly) @ 5221

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

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BEAR LEVELS 

(if yesterday's high not taken out)

If NIFTY breaks 5001-4992 then non-stop slide till 4978-4974

If NIFTY breaks 4974 then non-stop slide till 4941

U-TURN level(daily) @ 4941   & 

 

  

  

 

U-TURN level(weekly) @ 4580

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

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