LAST MONDAY’S (11.04.2011) CLOSE WAS AT 5785.70 (- 56.30 POINTS). THE DAY HIGH WAS 5830 AND LOW WAS 5777. WEEKLY HIGH IS AT 5944 AND THE WEEKLY LOW IS AT 5643.
5DMA=5863
20DMA=5666
50DMA=5528
200DMA=5718
IMMEDIATE TREND IS NEGATIVE. IMMEDIATE INTRADAY SUPPORTS ARE AT 5770, 5752 AND 5731 LEVEL. RESISTANCE ARE AT 5800, 5840 AND 5860 LEVEL.
50DMA=5528
200DMA=5718
IMMEDIATE TREND IS NEGATIVE. IMMEDIATE INTRADAY SUPPORTS ARE AT 5770, 5752 AND 5731 LEVEL. RESISTANCE ARE AT 5800, 5840 AND 5860 LEVEL.
5-DAY RSI AT 41 AND 14-DAY RSI AT 59 INDICATES NIFTY IS IN CRITICAL ZONE AND WAITING FOR DIRECTION.
BUY NIFTY FUTURE ABOVE 5820 FOR TARGET 5841/5860; STOPLOSS BELOW 5800.
SELL NIFTY FUTURE ARPIMD 5877 FOR TARGET 5830/5800; STOPLOSS ABOVE 5900.
SELL NIFTY FUTURE BELOW 5770 FOR TARGET 5750/5731; STOPLOSS 5802
BUY BANK NIFTY FUTURE ABOVE 11,660 FOR TARGET 11,710/11,750; STOPLOSS BELOW 11,620
SELL BANK NIFTY FUTURE BELOW 11,570 FOR TARGET 11,520/11,480; STOPLOSS ABOVE 11,620
