LAST CLOSE @ 5909
ON THE BASIS OF WEEKLY CHART
5925 - 5930 WILL ACT AS HURDLES FOR BULLS
2 -3 DAYS CLOSING ABOVE DEFINED LEVELS
BULLS MAY TRY TO KISS
5985 - 6045 LEVELS VERY SOON
ON THE BASIS OF DAILY CHART
TODAY WE HAVE TO WATCH 5905- 5908 LEVELS
BULLS NEED TO SUSTAIN ABOVE 5908 LEVELS...TO TAKE FURTHER HIGHER LEVELS
OTHERWISE MAY SLIDE TO 5875- 5860 LEVELS IN INTRA NOT RULED OUT
STIFF RESISTANCE AROUND 5925- 5930 LEVELS
BULLS ONCE BREAK 5930 LEVELS AND STAYING
!! WILL TAKE TO 5948 - 5955 LEVELS IN INTRA !!
THEREAFTER 5970 WILL ACT AS RESISTANCE
IF NIFTY FUT FAILURE TO CLOSING ABOVE 5905
LIKELY CORRECTION UPTO 5830 IN 1- 2 DAYS NOT RULED OUT !!!
Subject To Disclaimer
The 30-share BSE Sensex was up 209.78 points at 28450.30 and the 50-share NSE Nifty rose 61.05 points to 8802.
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