Sunday, October 21, 2012

NIFTY FUTURE - SBI - ICICI TRADING STRATEGIES FOR 22/10/12


  




LAST CLOSE @ 5688


ON THE BASIS OF WEEKLY CHART

RESISTANCE @ 5745------------ 5766---------------- 5775

SUPPORT @ 5656 --------------------- 5645------------5635



IF BULLS CAN SUSTAIN ABOVE 5695

TARGET FOR BULLS

5722------------5732-----------5744

STIFF RESISTANCE AROUND 5745 -----5750 LEVELS

BULLS NEED TO CLOSE AND SUSTAIN ABOVE 5750 FOR NEXT ROUND OF FIREWORKS

UPTO 5775 ---------5825 LEVELS

IF PRICE TRADE AND SUSTAIN BELOW 5695 WITH VOLUMES FOR 15-20 MINUTES

WATCH NONSTOP SLIDE UPTO 

5665---------5645-----------5635 LEVELS NOT RULED OUT IN INTRADAY ITSELF.

2- 3 DAYS CLOSING BELOW 5650

EXPECT FALL UPTO 5620-------5570 LEVELS VERY SOON

2-3 DAYS CLOSING ABOVE 5740

CAN EXPECT RALLY UPTO 

5825----------5850 LEVELS VERY SOON




LAST CLOSE @ 2258

TRADING BELOW 2255

SEE PANIC UPTO 2230- 2218 LEVELS

THERAFTER 2205 WILL ACT AS SUPPORT

RESISTANCE @ 2280 AND 2285 LEVELS




LAST CLOSE @ 1057

BELOW 1055
 INTRADAY TARGET MAY BE 1050-------1042

RESISTANCE @ 1067 AND 1076 LEVELS

Subject To Disclaimer









No comments:

Post a Comment