NIFTY 16th April 2010

TREND LEVELS

DAILY CHART

Daily TREND IS STILL UP & SUPPORT @  5265

 

Don't remain LONG below @ 5265 

 

 

 

WEEKLY CHART

WEEKLY TREND is DOWN

Next week RESISTANCE @  5462

--------------------------------------------------------------------------------------------------------

PIVOT LEVELS

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

TODAY SELL NIFTY AROUND 5333-5303 FOR A TARGET1-5272 TARGET2- 5230 keep SL-5360

TODAY BUY NIFTY AROUND 5214-5244 FOR A TARGET1-5272 TARGET2- 5319 keep SL-5195

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

 

 

 

 

 

 

 

 

--------------------------------------------------------------------------------------------------------------

NIFTY SYNTHETIC SWING BULL(DAILY) CHART

If crosses 5292 then non-stop rally till 5303-5306 & further up to 5314

If crosses 5314 then non-stop rally till 5330-5349

U-TURN level @ 5330

--------------------------------------------------------------------------------------------------------------

NIFTY SYNTHETIC SWING BEAR (WEEKLY) CHART

 

For chart click here

Weekly support @ 5258 & 5211

If breaks 5211 then non-stop slide till 5136-5117

--------------------------------------------------------------------------------------------------------------