20/07/2012
Nifty
So today the first resistance for nifty is at 5256 level.
Next resistance ranges are at 5269 and 5281 levels but trade with caution and strict stop loss.
On downside first support is at 5231 level. Next supports are at 5220 and 5207.
IF you notice nifty failed to hold yesterday's 5257 strong resistance but able to hold
1st resistance 5236,below 5203 ,nifty may move downside.
Still weekly Chart showing weakness for short term.so be careful or stay way.
19 July 2012: PCR_OI:1.2 PCR:1.15
19 July 2012 Premium: 14.3 Futures OI:23734550.0
IF you notice nifty failed to hold yesterday's 5257 strong resistance but able to hold
1st resistance 5236,below 5203 ,nifty may move downside.
however 200 ema support is 5163
19 July 2012: PCR_OI:1.2 PCR:1.15
19 July 2012 Premium: 14.3 Futures OI:23734550.0
ReplyDeleteI always visit your blog.it's really informative for us..Thank you.Share Tips Expert