4/22/2010

NIFTY 23rd April 2010

TREND LEVELS

TREND-DAILY CHART
It seems before taking U-TURN around 5430-5441 level there could be one more swing (will take NIFTY to 4887 level)

Channel TOP around 5341 & Channel BOTTOM around 5155
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PIVOT LEVELS
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TODAY SELL NIFTY AROUND 5330-5300 FOR A TARGET1-5268 TARGET2- 5225 keep SL-5355
TODAY BUY NIFTY AROUND 5208-5239 FOR A TARGET1-5268 TARGET2- 5310 keep SL-5190
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NIFTY SYNTHETIC SWING BULL LEVELS

Daily U-TURN level @ 5277-5310  CLICK HERE FOR CHART

BULL CHART (WEEKLY)
 
WEEKLY TREND BREAK-OUT LEVELS 5379 / 5221 (A weekly close above/below these level will be one side move)
 
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NIFTY SYNTHETIC SWING BEAR (DAILY) CHART(If yesterday's high not taken out)
If breaks 5261 then non-stop slide till 5232-5225 & further up to 5204

If breaks 5204 then non-stop slide till 5163-5114
 
U-TURN level @ 5163

NIFTY SYNTHETIC SWING BEAR (DAILY) CHART
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