Friday, June 26, 2009

UP DATE FOR 26-6-09

On Thursday nifty give gap up opening but it not sustain even a single minute,after mid session nifty breach the 4275 level & go down it hold 4220 area.
Today cues are good us market rally Asia is good, sgx nifty 10 points up.
Positional trader
short-- t 4185-4090-4020,sl 4400
long--- t 4325-400-4550,sl 4200
Day trader
short if nifty trade below 4225 , t - 4185-4150-4090, sl 4255.
long if nifty trade above 4275,t- 4325-4355-4400,sl4250.
5dema--10dema--15dema--20dema--25dema
4279----4329------4343------4324------4287
DAILY PIVOT
P-4267 R1-4313 R2-4384 S1-4196 S2-4150
WEEKLY PIVOT
P-4373 R1-4541 R2-4769 S1-4146 S2-3979
HAVE A GOOD DAY.

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