Nifty Analysis for 6thJuly2011

Nifty Conservative Trading 
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Nifty Monthly Long above 5770(HEMA)  and 5442 (LEMA)   (TREND DOWN BELOW 5647)
Nifty Weekly  Long above 5624(HEMA)  and 5454 (LEMA)   (TREND UP ABOVE 5559)
Nifty Daily   Long above 5645(HEMA)  and 5584 (LEMA)   (TREND UP ABOVE 5613)

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 :5611/5630/5650 important level to watch

Charts

Nifty  JNSAR
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Nifty Weekly JNSAR  5556
Nifty Daily  JNSAR  5561
Nifty Hourly JNSAR  5634
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/