Jan 24, 2011

Nifty Analysis 25th Jan2011

Nifty trading range for the day 5738-5615. 
Market may trade in a very tight range till the RBI policy review on 25th January and Futures expiry on 27th January.


Trade Level  for 25th Jan2011
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BUY @5710-5718-5732-5742-5755-5771-5791
SELL @5681-5673-5659-5649-5636-5620-5600


VOLUME PROFILE
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5650-5695-5725-5745-5763-5785-5798-5810-5821 
MAXIMUM VOLUME PARTICIPATION IS SEEN AT THESE LEVEL FOR NIFTY.
THESE LEVEL CAN PLAY THE ROLE OF IMPORTANT SUPPORT AND RESISTANCE.



Important EMA 
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5-EMA   13-EMA      21-EMA    34-EMA     55-EMA          89-EMA           144-EMA       233-EMA 
5,720.5   5,776.9   5,826.4     5,872.9     5,899.0        5,873.2      5,775.0         5,592.6 


Market profile 
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VAH - 5754, POC - 5740, VAL - 5724


MOVING AVERAGE PRICE CHANNEL(http://pricechannelsystem.blogspot.com/)
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25th Jan NIFTY : HOLDING SHORT @5988  STOPLOSS 5750 .(Position Closed. 5750 .Currently no open position)


J10 TRADING SYSTEM(http://perfecttradingsystem.blogspot.com)
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25th Jan NIFTY :HOLDING SHORT @6092    STOPLOSS 5750.(Position Closed. 5750 .Currently no open position)

VOLATILITY BREAKOUT METHOD(http://perfectbreakout.blogspot.com)
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25th Jan NIFTY : MIN 5674  MAX 5811 RANGE 68

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