Wednesday, May 2, 2012

NIFTY FUTURE STRATEGY FOR 2/05/12



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If price trade above 5272 with volume for 5-10 minutes.....Resistance @......

RESISTANCE 1 - 5288


RESISTANCE 2 - 5308


RESISTANCE 3 - 5315


RESISTANCE 4 - 5330

If price trade below 5268........ with volume .............  Support @........


SUPPORT 1  -   5254 


SUPPORT 2 -  5245


SUPPORT 3 -  5226 


SUPPORT 4 -  5221


SUPPORT 5 - 5201






SBI - AXIS BANK - INFOSYS - RELCAP - RELINFRA




MAIN RESISTANCE @ 2522

MAIN SUPPORT @ 2428 - 2390

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MAIN RESISTANCE @ 534 - 539 -555

SUPPORT @ 512


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MAIN SUPPORT @ 316 AND RESISTANCE @ 334 -342

IF PRICE CLOSE BELOW 316......

THEN ULTIMATE TARGET IS 303



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MAIN RESISTANCE @ 889 - 894 -900

MAIN SUPPORT @ 870 - 864 -861



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SUPPORT @ 2127 - 2114 - 2101

RESISTANCE @ 2149 - 2157 -2170 -2180



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RESISTANCE @ 1116 - 1125 - 1130 -1136

SUPPORT @ 1098 - 1089 -1081 -1076