iCharts Discussions

[sraj]

Nifty Spot on 07-01-10

WORLD MARKET

Still world index are in confuse stage! even though if American future index Dow Jones breaks and close above 10570 to 10620 then, further 300 points may come out in up side, until same confuse and nervous may go on,

And the following points have power and rights to give resistance to Nifty spot, they are 5306, 5313, 5322, 5333, 5345, above 5345 further good up move will come out…

NIFTY SPOT

Today if nifty spot breaks 5306 then further up move will continue, even though strong up move will come only above 5345, above this level nifty will move based on today’s levels,

same as if it breaches 5266 then further down move will come, but not able to say it would be very strong, volatile and nervous may be possible in down side,

NIFTY SPOT TODAY’S LEVELS


Nifty Spot above 5306 Target 5313, 5322, 5333, 5345, 5379, 5415, 5428, 5448

Nifty Spot below 5266 Target 5256, 5232, 5215, 5200, 5184, 5162

SCRIPT TO WATCH

BANK OF INDIA

Buy above 407.5 Targets 417 to 420, 435, 475, 490

Sell at high around 407 with s/l of 407.5 Target 385

Thanks
mayashare