TREND
LEVELS
TREND-REVERSAL CHART
If NIFTY not breaking recent low 5162 then chances for NIFTY to hit new high(ie around (5430-5441-5480) before a fall to 4950
Till April expiry NIFTY is in UP trend or will hold 5162 level, After expiry NIFTY should hit 4950 before 14th MAY 2010
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PIVOT
LEVELS
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TODAY SELL NIFTY AROUND 5257-5243 FOR A TARGET1-5230
TARGET2- 5210 keep SL-5280
TODAY BUY NIFTY AROUND 5203-5216 FOR A TARGET1-5230
TARGET2- 5250 keep SL-5180
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NIFTY
SYNTHETIC SWING BULL(DAILY) CHART
If crosses 5235-5249 then non-stop rally till 5277-5311
U-TURN level @ 5277
NIFTY
SYNTHETIC SWING BULL(WEEKLY) CHART
Weekly close below 5221 will confirm a downfall till 4950
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NIFTY SYNTHETIC SWING BEAR (HOURLY) CHART
If breaks 5222
then non-stop slide till 5208-5204 & further up to 5194
If breaks 5194
then non-stop slide till 5174-5149
U-TURN level @ 5174
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