LAST TUESDAY’S (29.03.2011) CLOSE WAS AT 5736.35 (+ 49.10 POINTS). THE DAY HIGH WAS 5770 AND LOW WAS 5680. WEEKLY HIGH IS AT 5770 AND THE WEEKLY LOW IS AT 5348.
5DMA=5616
20DMA=5511
50DMA=5495
200DMA=5694
IMMEDIATE TREND IS POSITIVE. IMMEDIATE SUPPORTS ARE AT 5700, 5650 AND 5600 LEVEL. RESISTANCE ARE AT 5770 AND 5800 LEVEL.
50DMA=5495
200DMA=5694
IMMEDIATE TREND IS POSITIVE. IMMEDIATE SUPPORTS ARE AT 5700, 5650 AND 5600 LEVEL. RESISTANCE ARE AT 5770 AND 5800 LEVEL.
5-DAY RSI AT 84 AND 14-DAY RSI AT 64 INDICATES NIFTY IS IN BULLISH ZONE.
BUY NIFTY FUTURE ABOVE 5751 FOR TARGET 5770/5790; STOPLOSS BELOW 5731.
SELL NIFTY FUTURE AROUND 5815 FOR TARGET 5770/5745; STOPLOSS ABOVE 5840
BUY BANK NIFTY FUTURE ABOVE 11,660 FOR TARGET 11,720/11,760; STOPLOSS BELOW 11,620
SELL BANK NIFTY FUTURE AROUND 10730 FOR TARGET 10660/10610; STOPLOSS ABOVE 10785
