LAST MONDAY’S (28.03.2011) CLOSE WAS AT 5687.25 (+ 33 POINTS). THE DAY HIGH WAS 5709 AND LOW WAS 5643. WEEKLY HIGH IS AT 5709 AND THE WEEKLY LOW IS AT 5348.
5DMA=5452
20DMA=5491
50DMA=5494
200DMA=5691
IMMEDIATE TREND IS POSITIVE. IMMEDIATE SUPPORTS ARE AT 5650, 5600 AND 5578 LEVEL. RESISTANCE ARE AT 5700 AND 5750 LEVEL.
50DMA=5494
200DMA=5691
IMMEDIATE TREND IS POSITIVE. IMMEDIATE SUPPORTS ARE AT 5650, 5600 AND 5578 LEVEL. RESISTANCE ARE AT 5700 AND 5750 LEVEL.
5-DAY RSI AT 81 AND 14-DAY RSI AT 62 INDICATES NIFTY IS IN BULLISH ZONE.
BUY NIFTY FUTURE ABOVE 5711 FOR TARGET 5730/5745/5755; STOPLOSS BELOW 5689.
SELL NIFTY FUTURE BELOW 5687 FOR TARGET 5660/5641; STOPLOSS ABOVE 5710
BUY BANK NIFTY FUTURE ABOVE 11,650 FOR TARGET 11,700/11,770; STOPLOSS BELOW 11,610
