LAST WEDNESDAY’S (30.03.2011) CLOSE WAS AT 5787.65 (+ 51.30 POINTS). THE DAY HIGH WAS 5803 AND LOW WAS 5753. WEEKLY HIGH IS AT 5803 AND THE WEEKLY LOW IS AT 5348.
5DMA=5678
20DMA=5524
50DMA=5498
200DMA=5696
IMMEDIATE TREND IS POSITIVE. IMMEDIATE SUPPORTS ARE AT 5750, 5700 AND 5680 LEVEL. RESISTANCE ARE AT 5800 AND 5840 LEVEL.
50DMA=5498
200DMA=5696
IMMEDIATE TREND IS POSITIVE. IMMEDIATE SUPPORTS ARE AT 5750, 5700 AND 5680 LEVEL. RESISTANCE ARE AT 5800 AND 5840 LEVEL.
5-DAY RSI AT 87 AND 14-DAY RSI AT 66 INDICATES NIFTY IS IN BULLISH ZONE.
BUY NIFTY FUTURE ABOVE 5820 FOR TARGET 5840/5860; STOPLOSS BELOW 5800.
BUY NIFTY FUTURE ABOVE 5760 FOR TARGET 5790/5810; STOPLOSS BELOW 5734
SELL NIFTY FUTURE BELOW 5757 FOR TARGET 5730/5700; STOPLOSS ABOVE 5800
