Jul 3, 2011

Nifty Analysis for4thJuly2011

Nifty Conservative Trading 
--------------------------------
Nifty Monthly Long above 5770(HEMA)  and 5442 (LEMA)   (TREND DOWN BELOW 5646)
Nifty Weekly  Long above 5596(HEMA)  and 5375 (LEMA)   (TREND UP ABOVE 5523)
Nifty Daily   Long above 5615(HEMA)  and 5359 (LEMA)   (TREND UP ABOVE 5579)


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 :IMMEDIATE SUPPORT 5612-5618






Nifty  JNSAR
---------------------------------------
Nifty Weekly JNSAR  5500
Nifty Daily  JNSAR  5494
Nifty Hourly JNSAR  5639
http://perfecttradingsystem.blogspot.com/




Nifty Aggressive  Trading
---------------------------------
Range 67  min 5580 max 5714
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/

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