LAST MONDAY’S (18.04.2011) CLOSE WAS AT 5729.10 (- 95.45 POINTS). THE DAY HIGH WAS 5897 AND LOW WAS 5727. WEEKLY HIGH IS AT 5944 AND THE WEEKLY LOW IS AT 5643.
5DMA=5819
20DMA=5718
50DMA=5551
200DMA=5727
IMMEDIATE TREND IS NEGATIVE. IMMEDIATE INTRADAY SUPPORTS ARE AT 5700, 5680 AND 5650 LEVEL. RESISTANCE ARE AT 5750, 5800 AND 5830 LEVEL.
50DMA=5551
200DMA=5727
IMMEDIATE TREND IS NEGATIVE. IMMEDIATE INTRADAY SUPPORTS ARE AT 5700, 5680 AND 5650 LEVEL. RESISTANCE ARE AT 5750, 5800 AND 5830 LEVEL.
5-DAY RSI AT 35 AND 14-DAY RSI AT 51 INDICATES NIFTY IS IN BEARISH ZONE.
BUY NIFTY FUTURE ABOVE 5751 FOR TARGET 5770/5790; STOPLOSS BELOW 5721.
SELL NIFTY FUTURE BELOW 5720 FOR TARGET 5700/5680; STOPLOSS ABOVE 5731.
BUY BANK NIFTY FUTURE ABOVE 11,640 FOR TARGET 11,680/11,730; STOPLOSS BELOW 11,600
SELL BANK NIFTY FUTURE AROUND 11,800 FOR TARGET 11,740/11,680; STOPLOSS ABOVE 11,850
