Jun 21, 2011

Nifty Analysis for 22thJune2011

Nifty Conservative Trading 
--------------------------------
Nifty Monthly Long above 5784(HEMA)  and 5358 (LEMA)   (TREND DOWN BELOW 5531)
Nifty Weekly  Long above 5508(HEMA)  and 5345 (LEMA)   (TREND DOWN BELOW 5406)
Nifty Daily   Long above 5439(HEMA)  and 5312 (LEMA)   (TREND DOWN BELOW 5338)




Only a close above 5406 =>should be used to take long position 


Weekly Trend down below  5406
Daily Trend  down below  5338


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 Support @5260








Nifty  JNSAR
---------------------------------------
Nifty Weekly JNSAR  5502
Nifty Daily  JNSAR  5424
Nifty Hourly JNSAR  5290
http://perfecttradingsystem.blogspot.com/


Nifty Aggressive  Trading
---------------------------------
Range 37  min 5237 max 5312
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/





Bank Nifty Conservative Trading 
--------------------------------
Bank Nifty Monthly Long above 11546(HEMA)  and 10544 (LEMA)   (TREND DOWN BELOW 10975)
Bank Nifty Weekly  Long above 10860(HEMA)  and 10524 (LEMA)   (TREND DOWN BELOW 10668)
Bank Nifty Daily   Long above 10698(HEMA)  and 10508 (LEMA)   (TREND DOWN BELOW 10594)




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




Volume profile show nifty onwards journey may face Support @10460 To 10490 








Bank Nifty Aggressive  Trading
---------------------------------
Range 73 min 10410  max 10,557
STOP LOSS 30 points only.
http://perfectbreakout.blogspot.com/




BANK Nifty  JNSAR
---------------------------------------
Bank Nifty Weekly JNSAR  10833
Bank Nifty Daily  JNSAR  10659
Bank Nifty Weekly JNSAR  10530
http://perfecttradingsystem.blogspot.com/


No comments:

Post a Comment