For updates visit
Nifty Technical Levels
Wednesday, April 11, 2007
NIFTY (3848)
Now Nifty is positive for the month of April, as it is above 3822.
Pivot point trading levels for 11th Apr is as under.
S2 S1 PIVOT R1 R2
3803 3825 3842 3864 3881
Pivot point trading levels for the Week is as under.
S2 S1 PIVOT R1 R2
3559 3656 3713 3810 3867
200-DMA 3653
30-DMA 3748
50-DMA 3898
100-DMA 3921
Resistances on the way up are at 3774, 3880, 3966, 4052. These are not for any particular day and are valid for medium term.
Other resistances are at 3819, 3859, 3900. At any point of time, for all positional traders, utlimate stoploss for all bulls is a close below 3653.
Nifty has closed positive for the 5th straight day, hence wait for a correction to enter again near supports which are at 3800, 3765, 3737.
0 comments:
Subscribe to:
Post Comments (Atom)
IMPORTANT DISCLAIMER
Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.
