LAST THURSDAY’S (07.04.2011) CLOSE WAS AT 5885.70 (- 6.05 POINTS). THE DAY HIGH WAS 5906 AND LOW WAS 5866. WEEKLY HIGH IS AT 5944 AND THE WEEKLY LOW IS AT 5643.
5DMA=5884
20DMA=5633
50DMA=5518
200DMA=5713
IMMEDIATE TREND IS POSITIVE. IMMEDIATE SUPPORTS ARE AT 5854, 5840 AND 5802 LEVEL. RESISTANCE ARE AT 5914, 5931 AND 5955 LEVEL.
50DMA=5518
200DMA=5713
IMMEDIATE TREND IS POSITIVE. IMMEDIATE SUPPORTS ARE AT 5854, 5840 AND 5802 LEVEL. RESISTANCE ARE AT 5914, 5931 AND 5955 LEVEL.
5-DAY RSI AT 79 AND 14-DAY RSI AT 69 INDICATES NIFTY IS IN BULLISH ZONE.
BUY NIFTY FUTURE AROUND 5860 FOR TARGET 5900/5924; STOPLOSS BELOW 5830.
SELL NIFTY FUTURE AROUND 5980 FOR TARGET 5960/5940; STOPLOSS ABOVE 6010
SELL NIFTY FUTURE BELOW 5910 FOR TARGET 5880/5860; STOPLOSS ABOVE 5935
BUY BANK NIFTY FUTURE ABOVE 11,840 FOR TARGET 11,848/11,930; STOPLOSS BELOW 11,805
SELL BANK NIFTY FUTURE AROUND 11,980 FOR TARGET 11,910/11,860; STOPLOSS ABOVE 12,015
