LAST MONDAY’S (07.03.2011) CLOSE WAS AT 5463.15 (- 75.60 POINTS). THE DAY HIGH WAS 5491 AND LOW WAS 5308. WEEKLY HIGH IS AT 5608 AND THE WEEKLY LOW IS AT 5308.
5DMA=5479
5DMA=5479
20DMA=5415
50DMA=5641
200DMA=5657
IMMEDIATE TREND IS NEGATIVE. IMMEDIATE SUPPORTS ARE AT 5440, 5420 AND THEN 5400 LEVEL. RESISTANCE ARE AT 5478, 5515 AND THEN 5550 LEVEL.
50DMA=5641
200DMA=5657
IMMEDIATE TREND IS NEGATIVE. IMMEDIATE SUPPORTS ARE AT 5440, 5420 AND THEN 5400 LEVEL. RESISTANCE ARE AT 5478, 5515 AND THEN 5550 LEVEL.
5-DAY RSI AT 51 AND 14-DAY RSI AT 48 INDICATES NIFTY IS IN INDECISIVE ZONE.
BUY NIFTY FUTURE ABOVE 5489 FOR TARGET 5514/5531; STOPLOSS 5464.
SELL NIFTY FUTURE AROUND 5530 FOR TARGET 5500/5488/5461; STOPLOSS ABOVE 5550
SELL NIFTY FUTURE AROUND 5530 FOR TARGET 5500/5488/5461; STOPLOSS ABOVE 5550
SELL NIFTY FUTURE BELOW 5441 FOR TARGET 5400/5376; STOPLOSS 5478
