Jul 12, 2011

Nifty Analysis for 13thJune2011

Nifty Conservative Trading 
--------------------------------
Nifty Monthly Long above 5781(HEMA)  and 5404 (LEMA)  (TREND UP ABOVE  5612)
Nifty Weekly  Long above 5647(HEMA)  and 5468 (LEMA)  (TREND UP ABOVE 5555)
Nifty Daily   Long above 5649(HEMA)  and 5576 (LEMA)  (TREND UP ABOVE 5604)


Open Interest Analysis show  5500 is strong support. 
As Long Nifty is protecting 5561 => Keep your Short


It seems market will remain sideways until some new study develop. 
Nifty should protect 5500 as per OI standing.Let see


Immediate Resistance : 5535-5539-5559
Immediate Support :    5496-5450


As Nifty advance Let examine important level as which nifty may face support/resistance
5225-5350-5450-5550-5580-5606-5616-5630-5754-5775-5865-(5940-5965)-6090-6175-6250-(6325-6350)







Nifty  JNSAR
---------------------------------------
Nifty Weekly JNSAR  5555
Nifty Daily  JNSAR  5600
Nifty Hourly JNSAR  5560




Nifty Havala Level
-----------------------------------------------
30-Jun-11   5647.40




Nifty Aggressive  Trading
---------------------------------
Range 47  min 5475 max 5580
STOP LOSS 10 points only.


Open Interest Analysis
-----------------------------------
Nifty Open Interest for July stands at 2,27,09,750 up by 40,100 with decrease in price (Short Buildup)
Strong Resistance 5700  Strong Support 5500 

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