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NIFTY CHART

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NIFTY CHART FOR WEEK 27/06/2011

Nifty chart

Nifty CMP: 5262

3 -H-MA-5285

3 -L-MA-5219

3 -C-MA-5246

My position: short with sl of 5285 levels closing basis.

Pivot table

Pivot point-5271
R1-5322
R2-5382
S1-5211
S2-5160

Nifty chart

Market in consolidation mode.As we said already move past 5260 levels is positive,while move below 5210 is negative then down trend may resume.

Nifty CMP: 5242

3 -H-MA-5267

3 -L-MA-5199

3 -C-MA-5226

My position: short with sl of 5267 levels closing basis.

Pivot table

Pivot point-5246
R1-5262
R2-5282
S1-5226
S2-5210

Nifty consolidating at current levels

Nifty CMP: 5235

3 -H-MA-5273

3 -L-MA-5202

3 -C-MA-5231

My position: short with sl of 5273 levels closing basis.

Pivot table

Pivot point-5234
R1-5259
R2-5283
S1-5210
S2-5185

Nifty chart-2

Nifty cmp: 5256

3 H-MA-5337

3 L-MA-5268

3 C-MA-5282

My position: short with today's sl at 5282 and 5337 levels


Pivot table

Pivot point-53259
R1-5280
R2-5304
S2-5235
S3-5213

Nifty chart - 1

Nifty is in hands of bears.........

Pivot table

Pivot point-5302
R1-5339
R2-5410
S2-5231
S3-5194

Nifty:5269

3 H-MA-5370
3 C-MA-5312
3 L-MA-5297