Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5781(HEMA) and 5404 (LEMA) (TREND UP ABOVE 5630)
Nifty Weekly Long above 5648(HEMA) and 5468 (LEMA) (TREND UP ABOVE 5573)
Nifty Daily Long above 5637(HEMA) and 5559 (LEMA) (TREND UP ABOVE 5593)
Nifty seems to be range bound market between 5700-5500.
Nifty upward movement may face resistance at 5606-5616-5630-5659.
Fresh Long should be taken above 5659.
Fresh Short should be taken below 5539.
It would be better to not have position,until market find direction.
Immediate Resistance :5606-5616-5630-5659
Immediate Support :5450-5496-5535-5539-5559-5580
As Nifty advance Let examine important level as which nifty may face support/resistance
5225-5350-5450-5550-5580-5606-5616-5630-5754-5775-5865-(5940-5965)-6090-6175-6250-(6325-6350)
Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5565 -stay long
Nifty Daily JNSAR 5593 -stay short
Nifty Hourly JNSAR 5584 -stay short
Nifty Havala Level
-----------------------------------------------
30-Jun-11 5647.40
Nifty Aggressive Trading
---------------------------------
Range 56 min 5524 max 5637
STOP LOSS 10 points only.
Open Interest Analysis
-----------------------------------
Nifty Open Interest for July stands at 2,16,88,200 up by 1,12,800 with decrease in price (Short Buildup)
Strong Resistance 5700 /5800
Strong Support 5400 /5500
Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5781(HEMA) and 5404 (LEMA) (TREND UP ABOVE 5637)
Nifty Weekly Long above 5648(HEMA) and 5468 (LEMA) (TREND UP ABOVE 5579)
Nifty Daily Long above 5639(HEMA) and 5557 (LEMA) (TREND UP ABOVE 5598)
Nifty seems to be range bound market between 5700-5500.
Nifty upward movement may face resistance at 5606-5616-5630-5659.
Fresh Long should be taken above 5659.
Immediate Resistance :5606-5616-5630-5659
Immediate Support :5450-5496-5535-5539-5559
As Nifty advance Let examine important level as which nifty may face support/resistance
5225-5350-5450-5550-5580-5606-5616-5630-5754-5775-5865-(5940-5965)-6090-6175-6250-(6325-6350)
Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5568
Nifty Daily JNSAR 5596
Nifty Hourly JNSAR 5599
Nifty Havala Level
-----------------------------------------------
30-Jun-11 5647.40
Nifty Aggressive Trading
---------------------------------
Range 47 min 5580 max 5710
STOP LOSS 10 points only.
Open Interest Analysis
-----------------------------------
Nifty Open Interest for July stands at 2,15,75,400 down by 4,81,250 with increase in price (Huge Short Covering)
Strong Resistance 5700 /5800
Strong Support 5400 /5500
Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5781(HEMA) and 5404 (LEMA) (TREND UP ABOVE 5632)
Nifty Weekly Long above 5647(HEMA) and 5468 (LEMA) (TREND UP ABOVE 5574)
Nifty Daily Long above 5631(HEMA) and 5561 (LEMA) (TREND UP ABOVE 5598)
Nifty seems to be range bound market between 5700-5500.
Nifty upward movement may face resistance at 5606-5616-5630-5659.
Fresh Long should be taken above 5659.
Immediate Resistance :5606-5616-5630-5659
Immediate Support :5450-5496-5535-5539-5559
As Nifty advance Let examine important level as which nifty may face support/resistance
5225-5350-5450-5550-5580-5606-5616-5630-5754-5775-5865-(5940-5965)-6090-6175-6250-(6325-6350)
Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5566
Nifty Daily JNSAR 5595
Nifty Hourly JNSAR 5572
Nifty Havala Level
-----------------------------------------------
30-Jun-11 5647.40
Nifty Aggressive Trading
---------------------------------
Range 47 min 5549 max 5688
STOP LOSS 10 points only.
Open Interest Analysis
-----------------------------------
Nifty Open Interest for July stands at 2,20,56,650 down by 6,53,100 with increase in price (Huge Short Covering)
Strong Resistance 5700 /5800
Strong Support 5400 /5500
Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5781(HEMA) and 5404 (LEMA) (TREND UP ABOVE 5612)
Nifty Weekly Long above 5647(HEMA) and 5468 (LEMA) (TREND UP ABOVE 5555)
Nifty Daily Long above 5649(HEMA) and 5576 (LEMA) (TREND UP ABOVE 5604)
Open Interest Analysis show 5500 is strong support.
As Long Nifty is protecting 5561 => Keep your Short
It seems market will remain sideways until some new study develop.
Nifty should protect 5500 as per OI standing.Let see
Immediate Resistance : 5535-5539-5559
Immediate Support : 5496-5450
As Nifty advance Let examine important level as which nifty may face support/resistance
5225-5350-5450-5550-5580-5606-5616-5630-5754-5775-5865-(5940-5965)-6090-6175-6250-(6325-6350)
Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5555
Nifty Daily JNSAR 5600
Nifty Hourly JNSAR 5560
Nifty Havala Level
-----------------------------------------------
30-Jun-11 5647.40
Nifty Aggressive Trading
---------------------------------
Range 47 min 5475 max 5580
STOP LOSS 10 points only.
Open Interest Analysis
-----------------------------------
Nifty Open Interest for July stands at 2,27,09,750 up by 40,100 with decrease in price (Short Buildup)
Strong Resistance 5700 Strong Support 5500
Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5781(HEMA) and 5439 (LEMA) (TREND UP ABOVE 5642)
Nifty Weekly Long above 5647(HEMA) and 5503 (LEMA) (TREND UP ABOVE 5585)
Nifty Daily Long above 5683(HEMA) and 5615 (LEMA) (TREND UP ABOVE 5643)
Open Intesrest Analysis show 5500 is strong support. As Long Nifty is protecting 5561 => Keep your Long
Nifty need to protect 5650-5612-5580 level for Long to hold.
Nifty faces immediate resistance at 5652 -5690 -5705 level and @200 DMA at 5754 and Support at 5605 -5616
Below 5560 , we will reverse our position.
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 :5665-5650-5612-5580 important level to watch
Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5515
Nifty Daily JNSAR 5637
Nifty Hourly JNSAR 5644
Nifty Havala Level
-----------------------------------------------
30-Jun-11 5647.40
Nifty Aggressive Trading
---------------------------------
Range 47 min 5585 max 5670
STOP LOSS 10 points only.
Open Interest Analysis
-----------------------------------
Nifty Open Interest for July stands at 2,26,69,650 up by 2,17,450 with decrease in price (Short Buildup)
Strong Resistance 5700 Strong Support 5500
