Nifty Analysis

Position : long 1500 - Average 6172 [CMP-6156-16, -24000]

21st May 2013
Nifty Trade Support Range 6147-6140
                   Resistance Range 6189-6192
Nifty Trend Support Range 6088-6079
                   Resistance Range 6244-6250

Yesterdays Level : 
Nifty Intra Day Trading Support 6153-6147 -
                           Result [EXACT low 6146]
                         Trend Resistance 6235-6241 -
                     Result [Actual High 6229]

Technical Details :
127.2% of the Swing 2252-5399 is at 6254 - Nifty high at 6229

Suggestion : Hold long with sl 6110 (C)

Print this post