Friday, July 3, 2009

UP DATE 3-7-09



Today is gap down opening dow is crack....

nifty rsi break 50 level today a sing of weakness below 4200 the H&S confirm

more lower level 4000-3800 is excepted in next week

only budget is hope to mkt trade above 4425-4510.

DAY TRADER

Long if trade above 4375 T 4425-4458

Short if nifty below 4301 T 4270-4220

POSITIONAL TRADER

SAME AS LAST POST

5DEMA-- 10DEMA--15DEMA--20DEMA--25DEMA

4325-------4340-------4346-------4336--------4311

DAILY PIVOT

P- 4339 R1- 4389 R2- 4430 S1- 4299 S2- 4249

WEEKLY PIVOT

P- 4301 R1- 4458 R2- 4541 S1- 4218 S2- 4060

HAVE A GOOD DAY

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