Sunday, May 22, 2011

NIFTY VIEWS FOR THE WEEK

AUTO BUY SELL SIGNAL FOR INTRADAY CLICK HERE



AUTO BUY SELL SIGNAL FOR INTRADAY CLICK HERE






























Nifty Is Facing Resistance At The Channel Line And At Reteracement Level Of 61.8 % 5527 Close Above This Level Or On Cross Of Previous High 5517 One Can Cover Short Position And If Nifty Is Able To Close Above 5527 It Could Test  5605 Which Is Previous High In The Week Of Expiry Also Weekly Range Is Getting Narrowed And Are Waiting For The Quarter One Results  For Further Trigger The Major Trend Is Down And The Stoploss Of Swing Is Now At 5605 And Two Consecutive Close Above May Change The  Swing To Up Also Above 5527 The Trend May Reverse For Short Term So This Expiry Week Shall Be Volatile And Trend Can Be Decided On Close Above 5527

No comments:

Post a Comment