NIFTY & SENSEX VIEWS: (12th Mar 2012)
NIFTY
Trend-Flat
SENSEX
Trend-Flat
If NIFTY breaches 5362 and stays above at least 5347 with good volume then NIFTY trend is becoming 'STRONG' and may see 5380 and 5400. :rofl:
If Nifty breaches 5305 and stays below 5320 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 5285 and 5260.
If SENSEX breaches 17617 and stays above 17559 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 17690 and 17770. :clapping:
If SENSEX crosses 17390 and stays below 17447 with good volume then Sensex trend is said to be 'WEAK'.Then expected lower targets are 17310 and 17200.
Intraday break out level to watch on NIFTY Spot- 5362
Intraday break down level to watch on NIFTY Spot- 5305
NIFTY FUTURES
BUY -5372 TARGETS -5387,5407,5440 SL-5358
SELL-5344 TARGETS -5329,5307,5270 SL-5356
(After 15 points gain Move SL to Entry level, After T2 move SL to T1)
SBIN FUTURES
BUY -2247 TARGETS -2260,2280,2310 SL-2238
(At 2253 move SL to 2245, After T2 move SL to T1)
SELL-2228 TARGETS -2218,2190,2160 SL-2236
NIFTY PIVOT POINTS
R1-5353 R2-5373 R3-5404 PIVOT-5322 S1-5303 S2-5272 S3-5252
MOVING AVERAGES
SMA-7: 5302.18 SMA-13: 5351.93 SMA-26: 5386.98 SMA-50: 5163.23 SMA-200: 5163.62
EMA-12: 5329.56 EMA-26: 5312.35 EMA-50: 5221.32 EMA-200: 5190.00 MACD: 17.21
BANKNIFTY PIVOT POINTS
R1-10593 R2-10679 R3-10832 PIVOT-10440 S1-10353 S2-10200 S3-10113
MOVING AVERAGES
SMA-7: 10292.71 SMA-13: 10386.03 SMA-26: 10466.79 SMA-50: 9767.46 SMA-200: 9833.87
EMA-12: 10359.60 EMA-26: 10263.40 EMA-50: 9953.10 EMA-200: 9849.95 MACD: 96.20