Jun 19, 2011

Nifty Analysis for 20thJune2011

Nifty Conservative Trading 
--------------------------------
Nifty Monthly Long above 5784(HEMA)  and 5411 (LEMA)   (TREND DOWN BELOW 5561)
Nifty Weekly  Long above 5574(HEMA)  and 5420 (LEMA)   (TREND DOWN BELOW 5471)
Nifty Daily   Long above 5469(HEMA)  and 5411 (LEMA)   (TREND DOWN BELOW 5426)


Only a close above 5471 =>should be used to take long position 
Weekly Trend down below  5471
Daily Trend  down below  5426


Strong Support - 5350 
Strong Resistance -(5418 to 5430)-(5480 to 5490)-(5535 to 5555)-(5590-5608)


As Nifty advance Let examine important level as which nifty may face support/resistance
5225-5350-5450-5550-5775-(5940-5965)-6090-6175-6250-(6325-6350)


Volume profile show nifty onwards journey may face resistance @5418 to 5430
and Support @5350 /5395






Nifty  JNSAR
---------------------------------------
Nifty Weekly JNSAR  5531
Nifty Daily  JNSAR  5458
Nifty Hourly JNSAR  5385
http://perfecttradingsystem.blogspot.com/




Nifty Aggressive  Trading
---------------------------------
Range 25  min 5340 max 5392
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/






Bank Nifty Conservative Trading 
--------------------------------
Bank Nifty Monthly Long above 11546(HEMA)  and 10598 (LEMA)   (TREND DOWN BELOW 11013)
Bank Nifty Weekly  Long above 10980(HEMA)  and 10616 (LEMA)   (TREND DOWN BELOW 10759)
Bank Nifty Daily   Long above 10737(HEMA)  and 10591 (LEMA)   (TREND DOWN BELOW 10649)


Only a close above 10759 =>should be used to take long position 


Volume profile show bank nifty onwards journey may face resistance @10574 to 10633  and  10751 to 10810 level






Bank Nifty Aggressive  Trading
---------------------------------
Range 72 min 10526 max 10,669
STOP LOSS 30 points only.
http://perfectbreakout.blogspot.com/


BANK Nifty  JNSAR
---------------------------------------
Bank Nifty Weekly JNSAR  10911
Bank Nifty Daily  JNSAR  10697
Bank Nifty Weekly JNSAR  10599
http://perfecttradingsystem.blogspot.com/

No comments:

Post a Comment