Nifty Conservative Trading
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Nifty Weekly Long above 5611(HEMA) and 5458 (LEMA)
Nifty Daily Long above 5468(HEMA) and 5398 (LEMA)
Only a close above 5611 => should be used to take long position
Since overall trend remain down below 5468.
Avoid long till 5468.Exploring shorting opportunity will be advisable.
Nifty Aggressive Trading
---------------------------------
Range 52 min 5341 max 5447
STOP LOSS 10 points only.
Nifty JNSAR
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Nifty Weekly JNSAR 5586
Nifty Daily JNSAR 5403
Bank Nifty Conservative Trading
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Bank Nifty Weekly Long above 11117(HEMA) and 10686 (LEMA)
Bank Nifty Daily Long above 10670(HEMA) and 10468 (LEMA)
Only a close above 11117=> should be used to take long position
Since overall trend remain down below 10670.
Avoid long till 11117.Exploring shorting opportunity will be advisable.
Bank Nifty Aggressive Trading
---------------------------------
Range 138 min 10286 max 10564
STOP LOSS 20 points only.
Bank Nifty JNSAR
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Bank Nifty Weekly JNSAR 11042
Bank Nifty Daily JNSAR 10679
Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
May 24, 2011
May 22, 2011
Nifty Analysis for23May2011
Nifty Conservative Trading
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Nifty Weekly Long above 5688(HEMA) and 5503 (LEMA)
Nifty Daily Long above 5507(HEMA) and 5434 (LEMA)
Only a close above 5688 => should be used to take long position
Since overall trend remain down below 5559.
Avoid long till 5507.Exploring shorting opportunity will be advisable.
Nifty Aggresive Trading
---------------------------------
Range 46 min 5440 max 5532
STOPLOSS 10 points only.
Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5628
Nifty Daily JNSAR 5499
Bank Nifty Conservative Trading
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Bank Nifty Weekly Long above 11369(HEMA) and 10858 (LEMA)
Bank Nifty Daily Long above 10807(HEMA) and 10613 (LEMA)
Only a close above 11369=> should be used to take long position
Since overall trend remain down below 10807.
Avoid long till 11369.Exploring shorting opportunity will be advisable.
Bank Nifty Aggresive Trading
---------------------------------
Range 115 min 10548 max 10799
STOPLOSS 20 points only.
Bank Nifty JNSAR
---------------------------------------
Bank Nifty Weekly JNSAR 11179
Bank Nifty Daily JNSAR 10817
--------------------------------
Nifty Weekly Long above 5688(HEMA) and 5503 (LEMA)
Nifty Daily Long above 5507(HEMA) and 5434 (LEMA)
Only a close above 5688 => should be used to take long position
Since overall trend remain down below 5559.
Avoid long till 5507.Exploring shorting opportunity will be advisable.
Nifty Aggresive Trading
---------------------------------
Range 46 min 5440 max 5532
STOPLOSS 10 points only.
Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5628
Nifty Daily JNSAR 5499
Bank Nifty Conservative Trading
--------------------------------
Bank Nifty Weekly Long above 11369(HEMA) and 10858 (LEMA)
Bank Nifty Daily Long above 10807(HEMA) and 10613 (LEMA)
Only a close above 11369=> should be used to take long position
Since overall trend remain down below 10807.
Avoid long till 11369.Exploring shorting opportunity will be advisable.
Bank Nifty Aggresive Trading
---------------------------------
Range 115 min 10548 max 10799
STOPLOSS 20 points only.
Bank Nifty JNSAR
---------------------------------------
Bank Nifty Weekly JNSAR 11179
Bank Nifty Daily JNSAR 10817
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