nikkir
16th June 2010, 03:29 PM
NIFTY
Mode-Flat to Strong
RESISTANCE-5239/5256/5284
SUPPORT-5205/5189/5161
SENSEX
Mode-Flat to Strong
Resistance-17466/17519/17608
Support-17359/17306/17217
Above resistance= Strong
Below support =Weak
If NIFTY breaches 5256 and stays above 5239 with good volume then NIFTY may see 5280 and 5300.If Nifty breaches 5189 and stays below 5205 then NIFTY trend is bearish.Then expected lower target is 5165 and 5130.
If SENSEX breaches 17519 and stays above 17466 with good volume then possible upper targets are 17600 and 17680.If Sensex crosses 17306 and stays below 17360 level then Sensex trend is bearish.Then expected lower targets are 17220 and 17110.
Mode-Flat to Strong
RESISTANCE-5239/5256/5284
SUPPORT-5205/5189/5161
SENSEX
Mode-Flat to Strong
Resistance-17466/17519/17608
Support-17359/17306/17217
Above resistance= Strong
Below support =Weak
If NIFTY breaches 5256 and stays above 5239 with good volume then NIFTY may see 5280 and 5300.If Nifty breaches 5189 and stays below 5205 then NIFTY trend is bearish.Then expected lower target is 5165 and 5130.
If SENSEX breaches 17519 and stays above 17466 with good volume then possible upper targets are 17600 and 17680.If Sensex crosses 17306 and stays below 17360 level then Sensex trend is bearish.Then expected lower targets are 17220 and 17110.