TREND
LEVELS
DAILY CHART
Daily SUPPORT @ 5311
NIFTY took support @ channel bottom on Tuesday, now UP move for next 2-3days not ruled out. STOP-LOSS for LONGS @ 5311
NIFTY in consolidation stage & will test 5480 within a week or before 21st APRIL 2010
EXPIRY would be around 5300 OR 5020 level
EXPIRY would be around 5300 OR 5020 level
NIFTY won't close above 5431-5441 level even for a single day
WEEKLY
CHART
Weekly RESISTANCE @ 5441
Weekly SUPPORT @ 5272
MONTHLY
CHART
Monthly
RESISTANCE @ 5441
Monthly SUPPORT @ 5119
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PIVOT
LEVELS
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TODAY SELL NIFTY AROUND 5353-5338 FOR A TARGET1-5322 TARGET2- 5302 keep SL-5375
TODAY BUY NIFTY AROUND 5292-5308 FOR A TARGET1-5322
TARGET2- 5342 keep SL-5270
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NIFTY
SYNTHETIC SWING BULL(DAILY) CHART
If crosses 5329 then non-stop rally till 5339-5342 & further up to 5350
If crosses 5350 then non-stop rally till 5367-5385
U-TURN level @ 5367
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NIFTY SYNTHETIC SWING BEAR (DAILY) CHART
As mentioned on Tuesday. NIFTY took U-TURN around 5304 level
If breaks 5282
then non-stop slide till 5272
Major support @ 5272. If breaks 5272 then BEARS will kill the market
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congratulations
ReplyDeleteBala