Nifty Analysis for 25August2011

Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5705(HEMA) and 5192 (LEMA) (TREND UP ABOVE 5361)
Nifty Weekly Long above 5234(HEMA) and 4989 (LEMA) (TREND UP ABOVE 5070)
Nifty Daily Long above 4983(HEMA) and 4882 (LEMA) (TREND UP ABOVE 4929)
Nifty Hourly Long above 4926(HEMA) and 4894 (LEMA) (TREND UP ABOVE 4908)


Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5238 -stay short
Nifty Daily JNSAR 5001 -stay short
Nifty Hourly JNSAR 4914 -stay short


Nifty Havala Level
-----------------------------------------------
30-July-11 5487


Nifty Aggressive Trading
---------------------------------
Range 56 max 4920 min 4810
STOP LOSS 10 points only.


Support and Resistance
--------------------
4680-4784-4810-4865-4951-(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
Resistance 5000


Trade Conclusion
--------------------------------
We may remain in consolidation range . keep short with stoploss of 4965 for target 4777


Hope that helps .Take care .Have a happy trading.
Bank Nifty Analysis on http://tradeinbankonly.blogspot.com