Jul 4, 2011

Nifty Analysis for 5thJuly2011

Nifty Conservative Trading 
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Nifty Monthly Long above 5770(HEMA)  and 5442 (LEMA)   (TREND DOWN BELOW 5654)
Nifty Weekly  Long above 5624(HEMA)  and 5461 (LEMA)   (TREND UP ABOVE 5566)
Nifty Daily   Long above 5637(HEMA)  and 5571 (LEMA)   (TREND UP ABOVE 5548)




As Long Nifty is protecting 5611  /5580 level => Keep your Long
Below 5580 Immediately reverse your position.
As of Now there is no sign of weakness in the market=> it may trade sideday


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










VOLUME PROFILE :5611/5650 important level to watch






Charts










Nifty  JNSAR
---------------------------------------
Nifty Weekly JNSAR  5503
Nifty Daily  JNSAR  5534
Nifty Hourly JNSAR  5645
http://perfecttradingsystem.blogspot.com/








Nifty Aggressive  Trading
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Range 47  min 5600 max 5700
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/

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