nikkir
18th June 2010, 09:15 PM
NIFTY
Mode-Buy on declines
RESISTANCE-5297/5319/5355
SUPPORT-5253/5231/5194
SENSEX
Mode-Buy on declines
Resistance-17687/17756/17873
Support-17547/17477/17360
Above resistance= Strong
Below support =Weak
If NIFTY breaches 5319 and stays above 5297 with good volume then NIFTY may see 5350 and 5380.If Nifty breaches 5231 and stays below 5253 then NIFTY is weak.Then expected lower target is 5200 and 5180.
If SENSEX breaches 17756 and stays above 17687 with good volume then possible upper targets are 17870 and 17960.If Sensex crosses 17477 and stays below 17547 level then Sensex is weak.Then expected lower targets are 17370 and 17300.
Mode-Buy on declines
RESISTANCE-5297/5319/5355
SUPPORT-5253/5231/5194
SENSEX
Mode-Buy on declines
Resistance-17687/17756/17873
Support-17547/17477/17360
Above resistance= Strong
Below support =Weak
If NIFTY breaches 5319 and stays above 5297 with good volume then NIFTY may see 5350 and 5380.If Nifty breaches 5231 and stays below 5253 then NIFTY is weak.Then expected lower target is 5200 and 5180.
If SENSEX breaches 17756 and stays above 17687 with good volume then possible upper targets are 17870 and 17960.If Sensex crosses 17477 and stays below 17547 level then Sensex is weak.Then expected lower targets are 17370 and 17300.