Wednesday, April 27, 2011

Trading Levels for Nifty (Spot)

Nifty's Critical Levels for 28.04.2011

Projected High : 5863
Projected Low : 5790


Resistance 5 : 5949
Resistance 4 : 5921 Sl here with double qty. Sl for buy qty will be 5893
Resistance 3 : 5893 Book Profit and Short Here
Resistance 2 : 5885
Resistance 1 : 5876 Buy here with sl 5849
Direction Change Level : 5849
Support 1 : 5821 Short here with sl 5849
Support 2 : 5813
Support 3 : 5804 Book Profit and Buy Here
Support 4 : 5776 Sl Here with double qty. Sl for shot will be 5804
Support 5 : 5749

Sell
Infosys future May at 2945 with sl 2967 tgt 2887 below this You can hold your short position for a target of 2400
Biocon future May at 384 with sl 390.9 tgt 373, 365
Central Bank Future May Below 139 with sl 145 tgt 130, 125
DCB May Future May Below 62 sl 64.10 tgt 59, 56

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