CMP 3462 BUYING LEVEL 3500-3600 TGT 3742-4200-4800 POSITIONAL CALLS
CMP 1404 RESISTANCE 1430-1450 CLOSING ABOVE 1450 BUYING LEVEL AT DIPS TGT 1565-1600-1700 BREAK OUT 1405 CAN GIVE 1430
AS PER THE CHART, OBSERVE THE NUMBER OF RESISTANCE POINTS, ITS 5TH TIME PRICE IS TESTING THIS ZONE ON BREAKOUT OF MAJOR RESISTANCE TGT 7209 - 8000 - 8800
AS PER MY ANALYSIS, WE COULD SEE NIFTY IS IN RANGE BOUND FROM PAST TWO DAY. 50 MA HAS CROSSED 200 MA WE CAN SEE GOLDEN CROSS FORMING IN NIFTY, GOLDEN CROSS IS KNOWN FOR BULLISH SIGNALS IN HISTORY. THE CONDITION IS "NEED GOOD VOLUME", VOLUME IS QUITE LESS. TRADE CAREFULLY AND ONLY ON CONFORMATIONS *I AM EXPECTING SUDDEN MOMENT ON EITHER SIDE. *FOR SHORT RANGE...
AS PER MY ANALYSIS, WE COULD SEE NIFTY IS IN RANGE BOUND FROM PAST TWO DAY. *I AM EXPECTING SUDDEN MOMENT ON EITHER SIDE. *FOR SHORT RANGE IF NIFT BREAKS THE ZONE OF 11387-11602 WE CAN SEE NIFTY AT 12000. *PLEASE AS I ALWAYS KEEP SAYING DO WATCH S&P 500 MOMENT, BOTH NIFTY AND S & P 500 ARE COPING EACH OTHER. *FOR INTRADAY THE RANGE * IF YOU SEE YESTERDAYS POINT,...
RESISTANCE: 420-430 SUPPORT: 408 BUY/SELL ON FORMATION
AS PER THE CHART BUY/SELL BASED ON THE TREND FORMATION . RESISTANCE 625-635
RESISTANCE: 21041.65 - 22400 -22500 SUPPORT: 18020-16187
BASED ONLY WEEKLY CHART RESISTANCE IS AT 2146-2177-2200 THIS ARE VERY STRONG RESISTANCE, WHICH is WORKING FROM COUPLE OF WEEKS UNLESS THERE IS BREAK ABOVE 2200WITH GOOD VOLUME I WOULD TAKE ANY BUY TRADES. BUY/SELL ONLY AT RESISTANCE, FOLLOW MARKET TREND TO PLACE ANY BUY/SELL TRADE.
RESISTANCE: 11244, 11300 IF THERE IS BUY FORMATION TAKE BUY TRADE, IF THERE IS SELL FORMATION TO TAKE SELL TRADE. SUPPORT : 11131, 10890,10820 IF THERE IS BUY FORMATION TAKE BUY TRADE, IF THERE IS SELL FORMATION TO TAKE SELL TRADE.
RESISTANCE: 21950 BUY/SELL AS PER THE MARKET TREND