LAST WEDNESDAY’S (13.04.2011) CLOSE WAS AT 5911.50 (+ 125.80 POINTS). THE DAY HIGH WAS 5923 AND LOW WAS 5735. WEEKLY HIGH IS AT 5944 AND THE WEEKLY LOW IS AT 5643.
5DMA=5863
20DMA=5689
50DMA=5536
200DMA=5722
IMMEDIATE TREND IS POSITIVE. IMMEDIATE INTRADAY SUPPORTS ARE AT 5900, 5850 AND 5826 LEVEL. RESISTANCE ARE AT 5944, 5967 AND 5999 LEVEL.
50DMA=5536
200DMA=5722
IMMEDIATE TREND IS POSITIVE. IMMEDIATE INTRADAY SUPPORTS ARE AT 5900, 5850 AND 5826 LEVEL. RESISTANCE ARE AT 5944, 5967 AND 5999 LEVEL.
5-DAY RSI AT 68 AND 14-DAY RSI AT 66 INDICATES NIFTY IS IN BULLISH ZONE.
BUY NIFTY FUTURE ABOVE 5945 FOR TARGET 5970/5990; STOPLOSS BELOW 5930.
SELL NIFTY FUTURE AROUND 5980 FOR TARGET 5940/5900; STOPLOSS ABOVE 6000.
SELL NIFTY FUTURE BELOW 5933 FOR TARGET 5910/5880; STOPLOSS 5950
BUY BANK NIFTY FUTURE ABOVE 11,950 FOR TARGET 12,000/12,040; STOPLOSS BELOW 11,920
SELL BANK NIFTY FUTURE AROUND 12,060 FOR TARGET 11,960/11,890; STOPLOSS ABOVE 12,110
