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Thursday, 9 August 2012

Nifty trading strategy for 10.08.2012

To start with let me tell you today Nifty future's high was 5384 and low was 5332.

Now refresh your memory what i have written here in last day's analysis http://equityexperts.blogspot.in/2012/08/nifty-trading-strategy-for-09082012.html

I had clearly written that for upside 5385 needs to be broken convincingly and for down side 5335-30 needs to be broken convincingly.

And you all see what happened.


Now what next for last trading session of week

http://www.chaddertonparkfc.co.uk/Scarvesoftheworld/QuestionMark.gif

 Levels are again same with little modifications.

Now for very short term 

Support  at: 5335-5308-5290

Resistance at : 5385-5400-5429


For medium term : 

Support : 5270-5240-5210

Resistance : 5395-5430-5450-5490


For tomorrow's session keep an eye on 5335-30, break below that will take it to 5308-5290.

on the higher side it should cross 5380-85 levels then may rally towards 5400-30,

Posted by at 21:03

5 comments:

  1. Sudarshan Hegde9 August 2012 at 21:28

    I always follow your blog not to follow your tips as a ideal blog which gives real technical analysis. One of the inspiration for my blog. Today I am going to write about Bharti Airtel please watch it. I will give you the link.

    ReplyDelete
  2. Sudarshan Hegde9 August 2012 at 21:34

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    ReplyDelete
  3. Sudarshan Hegde10 August 2012 at 00:26

    Hi my view on Bharti Airtel for medium term of ten days. http://www.tipstooption.com/2012/08/bharti-airtel-strong-buy-technically.html

    ReplyDelete
  4. Unknown27 September 2012 at 14:20

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