Nifty Analysis for 25thApril2011

Nifty weekly in buy mode above 5855
Nifty Daily in buy mode  above 5874


Hold your long if 5855  is protected. 
Otherwise Go short @5855 with stoploss 20 points .


Other activities show up move ahead
Bull =>Nifty Open Interest for April stands at 2,31,91,800 down by 3,83,100 with increase in price
Bull =>call unwinding seen at 5200 to 5900 CE
Bull=> put writing Seen at 5600 to 6000 PE 


At 6000 Heavy call writing have been already done => strong resistance 
If intensity of Open interest have to be compared ,5800 PE ,5900 PE have already won the battle => bullish
Nifty likely to move between 5900 to 5980 in coming days ,Strong resistance is placed at 6000.


Nifty Conservative trading method (Swing)
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Hold long if 5855 is protected.


Other wise iniate short 5855 with stoploss 12 points.


Nifty Aggresive Trading  Method 
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Min  5808
Max  5960
Volatility  76 




SHORT @5802  STOPLOSS 12 points
LONG  @5881  STOPLOSS 12 points




Nifty SAR Trading Method (Swing)
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SAR 5819


LONG  above 5819
SHORT below 5819




STOPLOSS OF 12 points only.




Nifty Hawala Trading Method (Swing)
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SAR 5833


LONG  above 5833
SHORT below 5833


STOPLOSS OF 12 points only.