Thursday 26 July 2012

27/07/2012

Nifty-cmp-5043

Nifty closed on a bear note at 5043.therefore futher immediate resistance 5067 today futher nifty resistance are at5102 , 5161,and 5196 levels.Below On downside first support is at 5008 level. Next supports are at 4973 and 4914 level.

Oscillator Analysis - The oscillator is showing SELL signal Short Term Oscillator Analysis- and NIFTY in oversold region if NIFTY hold their trading above 5103 then it may move forward to test  5161,Short Term Trend is SIDEWISE .So today below 5008 be alert as more selling to follow below 4973 level 

26 July 2012: PCR_OI:0.953 PCR:1.03
26 July 2012 Premium: 0.25 Futures OI:9302000.0 



BankNifty cmp-10083

intraday strong resistance 10246. if it cross and hold then it may test 10409 and 10504 and while target support 9988 ,9898 and 9730.
"trade with levels" BANKNIFTY 




































2 comments:

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