Nifty Today

LOAD THE GUN with our trading calls

About Calls:

  • Daily Buy  calls for delivery .
  • Nifty  Option trading calls.
  • Time Frame 3 to 10 trading sessions.
  • Unique Stop points to protect your Capital &  Profit.
  • Easy to Implement.
  • Receive CallS by SMS.

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1 April 2010

Observations:
  • Overall this was directionless week.
  • NIfty may test 5200. Failure to hold 5200 may take Nifty to 5070 & 5000.
  • Sharp moves possible on the downside.
  • Higher risk in initiating  fresh long term investment.
  • Protect Gains.

Market Technicals:

Market Breadth : 2.00

Market Trends : Short  term trend of market is down. Intermediate trend is UP.

Intermediate trend of market will turn DOWN if market closes bellow 5200 & 17340 for Nifty & Sensex respectively.

Support levels for Nifty are 5240 , 5160, 5070 ,  5000 ,  4950 ,  4840 , 4800 ,4690 , 4650 , 4470, 4050 , 3300 .

Resistance levels for Nifty are 5300 , 5330 ,5400,  5570.

-Nishant Kalaskar.  (9881575125)

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This entry was posted on Thursday, April 1st, 2010 at 6:58 pm and is filed under Daily Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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