Wednesday, April 24, 2013

NIFTY TREND CHANGE LEVELS AS ON DATE 25th APRIL 2013.


NIFTY FUT CHARTS SHOWING DOWNWARD TREND AND YESTERDAY ITS MADE HIGH NEAR TREND LINE, SO IF TOMORROW ITS SUSTAIN ABOVE 5870 THEN WE SEE NEW RANGE OF POSITIVE MARKET.UP TO 5990.AND IF ITS NOT CROSS THAT LEVEL THEN WE SEE SOME DOWN FALL IN MARKET AGAIN AS ITS 2013 TREND. 

 

AS PER THIS CHART WE SEE SOME IMPORTANT VERTICAL SUPPORT AND RESISTANCE, AS PER THIS CHART WE SEE 5858 TO 5870(18th & 19th MARCH TOP 10 POINT, GAP DOWN OPENING ON 18th MARCH.) IS IMPORTANT LEVELS. SO ON THURSDAY (EXPIRY OF APRIL SERIES) IF MARKET SUSTAIN ABOVE THAT LEVEL OF 5870 THEN AND THEN ONLY WE SEE SOME MORE UP SIDE, SO ONE CAN GO LONG ABOVE 5880 WITH STOP OF BELOW 5850 FOR TARGET 5930-5990.

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