Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5705(HEMA) and 5237 (LEMA) (TREND UP ABOVE 5380)
Nifty Weekly Long above 5368(HEMA) and 5124 (LEMA) (TREND UP ABOVE 5194)
Nifty Daily Long above 5135(HEMA) and 5014 (LEMA) (TREND UP ABOVE 5041)
Nifty Hourly Long above 4985(HEMA) and 4960 (LEMA) (TREND UP ABOVE 4969)
Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5438 -stay short
Nifty Daily JNSAR 5124 -stay short
Nifty Hourly JNSAR 5010 -stay short
Nifty Havala Level
-----------------------------------------------
30-July-11 5487
Nifty Aggressive Trading
---------------------------------
Range 56 min 4850 max 4980
STOP LOSS 10 points only.
Support and Resistance
--------------------
4828-4880-4951-(5006-5011)-5057-5114-5182-5225-5296-5350-5393-(5433-5460)-5490-5502-5532-5539-5550-5580-5606-5616-5630-5658-5667-5729-5754-5775-5865-(5940-5965)-6090-6175-6250-(6325-6350)
Open Interest
-----------------------
Support 4800/4900
Resistance 5100/5200
Trade Conclusion
--------------------------------
Break of 5000 level => can open flood gate for 4800.
Look for 4800 only if nifty trade below 4950/(5006-5011)
Hope that helps .Take care .Have a happy trading.
Bank Nifty Analysis on http://tradeinbankonly.blogspot.com
No comments:
Post a Comment