Tuesday, May 14, 2013

Nifty


14th May 2013

Position - NIL
Yesterday Trailing SL HIT
Closed 250 at 6050 [+370]
Closed 250 at 6018 [+338]

Nifty Trade Support Range 5964-5959
                   Resistance Range 6020-6027
Nifty Trend Support Range 5956-5949
                   Resistance Range 6060-6069

Technical Details :
127.2% of swing 5477-5911 is @ 6108
Previous TOP 6111
Swing High  6114

Double Top 6110-6115 , matched with 127.2% , we took 6113 as Trend change resistance , Exactly from there nifty is coming down. Wait and watch for entry on both side.

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