LAST FRIDAY’S (15.04.2011) CLOSE WAS AT 5824.55 (- 86.95 POINTS). THE DAY HIGH WAS 5907 AND LOW WAS 5806. WEEKLY HIGH IS AT 5944 AND THE WEEKLY LOW IS AT 5643.
5DMA=5850
20DMA=5704
50DMA=5545
200DMA=5724
IMMEDIATE TREND IS NEGATIVE. IMMEDIATE INTRADAY SUPPORTS ARE AT 5802, 5756 AND 5724 LEVEL. RESISTANCE ARE AT 5844, 5864 AND 5900 LEVEL.
50DMA=5545
200DMA=5724
IMMEDIATE TREND IS NEGATIVE. IMMEDIATE INTRADAY SUPPORTS ARE AT 5802, 5756 AND 5724 LEVEL. RESISTANCE ARE AT 5844, 5864 AND 5900 LEVEL.
5-DAY RSI AT 49 AND 14-DAY RSI AT 58 INDICATES NIFTY IS IN BULLISH ZONE.
BUY NIFTY FUTURE ABOVE 5845 FOR TARGET 5960/5980; STOPLOSS BELOW 5824.
SELL NIFTY FUTURE AROUND 5810 FOR TARGET 5790/5770; STOPLOSS ABOVE 5824.
BUY BANK NIFTY FUTURE ABOVE 11,820 FOR TARGET 11,860/12,910; STOPLOSS BELOW 11,770
SELL BANK NIFTY FUTURE AROUND 11,900 FOR TARGET 11,830/11,740; STOPLOSS ABOVE 11,960
