NIFTY & SENSEX VIEWS: (05th June 2012)
NIFTY
Trend-Weak
SENSEX
Trend-Weak
If NIFTY breaches 4897 and stays above at least 4872 with good volume then NIFTY trend is becoming 'STRONG' and may see 4925 and 4960. :thumb:
If Nifty breaches 4800 and stays below 4824 then NIFTY trend is to be 'WEAK'.Then expected lower targets are 4775 and 4725.
If SENSEX breaches 16134 and stays above 16060 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 16215 and 16320. :clapping:
If SENSEX crosses 15843 and stays below 15916 with good volume then Sensex trend is said to be 'WEAK'.Then expected lower targets are 15765 and 15615.
Intraday break out level to watch on NIFTY Spot- 4897
Intraday break down level to watch on NIFTY Spot- 4800
NIFTY FUTURES
BUY -4850 TARGETS -4872,4900,4950 SL-4833
SELL-4812 TARGETS -4792,4762,4712 SL-4827
SBIN FUTURES
BUY -2064 TARGETS -2075,2100,2140 SL-2053
SELL-2027 TARGETS -2016,1980,1930 SL-2035
NIFTY PIVOT POINTS
R1-4881 R2-4914 R3-4969 PIVOT-4826 S1-4793 S2-4738 S3-4705
MOVING AVERAGES
SMA-7: 4922.99 SMA-13: 4903.55 SMA-26: 4977.31 SMA-50: 5108.35 SMA-200: 5065.70
EMA-12: 4914.63 EMA-26: 4977.84 EMA-50: 5057.59 EMA-200: 5157.43 MACD: -63.21
BANKNIFTY PIVOT POINTS
R1-9476 R2-9589 R3-9771 PIVOT-9293 S1-9180 S2-8997 S3-8884
MOVING AVERAGES
SMA-7: 9495.38 SMA-13: 9404.65 SMA-26: 9554.07 SMA-50: 9894.09 SMA-200: 9575.22
EMA-12: 9444.19 EMA-26: 9578.58 EMA-50: 9751.41 EMA-200: 9880.07 MACD: -134.39
NIFTY
Trend-Weak
SENSEX
Trend-Weak
If NIFTY breaches 4897 and stays above at least 4872 with good volume then NIFTY trend is becoming 'STRONG' and may see 4925 and 4960. :thumb:
If Nifty breaches 4800 and stays below 4824 then NIFTY trend is to be 'WEAK'.Then expected lower targets are 4775 and 4725.
If SENSEX breaches 16134 and stays above 16060 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 16215 and 16320. :clapping:
If SENSEX crosses 15843 and stays below 15916 with good volume then Sensex trend is said to be 'WEAK'.Then expected lower targets are 15765 and 15615.
Intraday break out level to watch on NIFTY Spot- 4897
Intraday break down level to watch on NIFTY Spot- 4800
NIFTY FUTURES
BUY -4850 TARGETS -4872,4900,4950 SL-4833
SELL-4812 TARGETS -4792,4762,4712 SL-4827
SBIN FUTURES
BUY -2064 TARGETS -2075,2100,2140 SL-2053
SELL-2027 TARGETS -2016,1980,1930 SL-2035
NIFTY PIVOT POINTS
R1-4881 R2-4914 R3-4969 PIVOT-4826 S1-4793 S2-4738 S3-4705
MOVING AVERAGES
SMA-7: 4922.99 SMA-13: 4903.55 SMA-26: 4977.31 SMA-50: 5108.35 SMA-200: 5065.70
EMA-12: 4914.63 EMA-26: 4977.84 EMA-50: 5057.59 EMA-200: 5157.43 MACD: -63.21
BANKNIFTY PIVOT POINTS
R1-9476 R2-9589 R3-9771 PIVOT-9293 S1-9180 S2-8997 S3-8884
MOVING AVERAGES
SMA-7: 9495.38 SMA-13: 9404.65 SMA-26: 9554.07 SMA-50: 9894.09 SMA-200: 9575.22
EMA-12: 9444.19 EMA-26: 9578.58 EMA-50: 9751.41 EMA-200: 9880.07 MACD: -134.39