Technical Analysis For 2/08/2012

Nifty-cmp-5240

Nifty closed on a bull note at 5240. So today the first resistance for nifty
is at 5254 level. Next resistance are at 5267 and 5287. The immediate
support is 5233 On downside support are 5220,5199 and 5186 at level.
So today above 5267 we expect the trend to continue and next average
true range(Upper Level) resistance is at 5287.
Weekly Oscillator Analysis-The oscillator is sidewise  Daily Short

Term Oscillator Analysis- sidewise



Nifty real time hourly chart price differ(real spot +spread margin)
BankNifty cmp-10420

intraday strong resistance 10468. if it cross and hold then next resistance
10517 and 10589 and The immediate support is 10397 while other supports
are 10347,10275 and 10227.
"trade with levels" BANKNIFTY