--------------------------------
Nifty Monthly Long above 5781(HEMA) and 5404 (LEMA) (TREND UP ABOVE 5641)
Nifty Weekly Long above 5641(HEMA) and 5496 (LEMA) (TREND UP ABOVE 5587)
Nifty Daily Long above 5625(HEMA) and 5556 (LEMA) (TREND UP ABOVE 5594)
Nifty Hourly Long above 5612(HEMA) and 5588 (LEMA) (TREND UP ABOVE 5604)
Nifty seems to be range bound market between 5700-5500.
Nifty upward movement may face resistance at 5606-5616-5630-5659.
Fresh Long should be taken above 5659.
Fresh Short should be taken below 5539.
It would be better if we don't trade this market until 5490 or 5750 breaks.
Immediate Resistance :5606-5616-5630-5659
Immediate Support :5450-5496-5535-5539-5559-5580
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 5574 -stay short
Nifty Daily JNSAR 5593 -stay short
Nifty Hourly JNSAR 5572 -stay short
Nifty Havala Level
-----------------------------------------------
30-Jun-11 5647.40
Nifty Aggressive Trading
---------------------------------
Range 60 min 5510 max 5620
STOP LOSS 10 points only.
Open Interest Analysis
-----------------------------------
Strong Resistance 5700 /5800
Strong Support 5400 /5500
No comments:
Post a Comment