Aug 18, 2011

Nifty Analysis for 19thAugust2011


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