nikkir
17th June 2010, 02:30 PM
NIFTY
Mode-Buy on declines
RESISTANCE-5245/5256/5275
SUPPORT-5222/5210/5192
SENSEX
Mode-Buy on declines
Resistance-17497/17531/17587
Support-17429/17395/17339
Above resistance= Strong
Below support =Weak
If NIFTY breaches 5256 and stays above 5245 with good volume then NIFTY may see 5275 and 5295.If Nifty breaches 5210 and stays below 5222 then NIFTY is weak.Then expected lower target is 5195 and 5175.
If SENSEX breaches 17531 and stays above 17497 with good volume then possible upper targets are 17585 and 17640.If Sensex crosses 17395 and stays below 17430 level then Sensex is weak.Then expected lower targets are 17340 and 17290.
Mode-Buy on declines
RESISTANCE-5245/5256/5275
SUPPORT-5222/5210/5192
SENSEX
Mode-Buy on declines
Resistance-17497/17531/17587
Support-17429/17395/17339
Above resistance= Strong
Below support =Weak
If NIFTY breaches 5256 and stays above 5245 with good volume then NIFTY may see 5275 and 5295.If Nifty breaches 5210 and stays below 5222 then NIFTY is weak.Then expected lower target is 5195 and 5175.
If SENSEX breaches 17531 and stays above 17497 with good volume then possible upper targets are 17585 and 17640.If Sensex crosses 17395 and stays below 17430 level then Sensex is weak.Then expected lower targets are 17340 and 17290.