20 January 2007
NIFTY ABOVE41OO SIGNALS FUTHER UPSIDE
Spot Nifty has to stay above 4089 to maintain strength.Sustained trade above 4100signals further upside. Major Support is at 407O & 4020.Resistance is at 4125 & 4174.Intra Day Entry Setup:Buy: @ or near 4090 If NF go below this price and move up Sl 4076 Target –4130, 4148.If opens Gap up & sustains above Buy: @ or near 4149 If NF moves above this priceSl 4124 Target – 4174.Sell: @ or near 4147 If NF go above this and move downSl 4174 Target –4119, 4091.If opens Gap down & sustains belowSell: @ or near 4076 If NF moves down below this priceSl 4110 Target – 4054, 4029.Swing Trade Entry Setup:Buy: @ or near 4076 near If NF go below this price and move upSl 4027 Target –4028, 4160.Sell: @ or near 4147 If NF moves down below this priceSl 4185 Target 4077, 4029.
by erectusplus at 05:13:00 |
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