Nifty Analysis for 26July2011

Nifty Conservative Trading 
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Nifty Monthly  Long above 5781(HEMA)  and 5404 (LEMA)  (TREND UP ABOVE  5663)
Nifty Weekly   Long above 5665(HEMA)  and 5532 (LEMA)  (TREND UP ABOVE 5622)
Nifty Daily    Long above 5649(HEMA)  and 5575 (LEMA)  (TREND UP ABOVE 5621)
Nifty Hourly   Long above 5675(HEMA) and  5653 (LEMA)  (TREND UP ABOVE 5667)


Nifty  JNSAR
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Nifty Weekly JNSAR  5596  -stay long
Nifty Daily  JNSAR  5606  -stay long
Nifty Hourly JNSAR  5650  -stay long 


Nifty Havala Level
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30-Jun-11   5647.40


Nifty Aggressive  Trading
---------------------------------
Range 54  min 5655 max 5730
STOP LOSS 10 points only.


Open Interest Analysis
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Strong Resistance 5700/5800
Strong Support    5500/5600


Support and Resistance
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5225-5350-5450-5490-5539-5550-5580-5606-5616-5630-5658-5667-5729-5754-5775-5865-(5940-5965)-6090-6175-6250-(6325-6350)


Nifty seems to be range bound market between 5700-5500.
Nifty upward movement may face resistance at 5714-5729 (200 DMA )