Sunday, August 22, 2010

Intraday Trading Levels...

Nifty Spot>>>
Buy at / above:
5531.64 Targets: 5547.47 - 5566.1 - 5584.76 - 5603.46 Stoploss : 5513.06
Sell at / below: 5513.06 Targets: 5497.26 - 5478.73 - 5460.24 - 5441.78 Stoploss : 5531.64

Bank Nifty>>>
Buy at / above: 11051.26 Targets: 11072.02 - 11098.33 - 11124.68 - 11151.06
Stoploss : 11025
Sell at / below: 11025 Targets: 11004.26 - 10978.04 - 10951.86 - 10925.71
Stoploss : 11051.26


WEEKLY TRADING STRATEGY

Nifty>>>
Go Short at / below 5546. Stoploss at 5551.54. Target 1 is 5453.91.
Go Short at / below 5510.83. Stoploss at 5551.54. Target 2 is 5438.42.

Bank Nifty>>>
Go Short at / below 11126. Stoploss at 11137.12. Target 1 is 10828.74.
Go Short at / below 11012.48. Stoploss at 11137.12. Target 2 is 10778.71.

Nifty 50 day EMA :: 5366
Nifty 100 day EMA :: 5274
Nifty 200 day EMA :: 5095
NIFTY BULLISH / BUY ON DIPS TILL THE TIME 50 DAYS EMA SUSTAIN ABOVE 100 DAYS EMA
BULL MARKET WHEN 50 & 100 DAYS EMA SUSTAIN ABOVE 200 DAYS EMA
NIFTY BEARISH / SELL ON RISE TILL THE TIME 50 DAYS EMA SUSTAIN BELOW 100 DAYS EMA
BEAR MARKET WHEN 50 & 100 DAYS EMA SUSTAIN BELOW 200 DAYS EMA

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