NIFTY & SENSEX VIEWS: (01st Aug 2012)
NIFTY
Trend-Flat to strong
SENSEX
Trend-Flat to strong
If NIFTY breaches 5274 and stays above at least 5251 with good volume then NIFTY trend is becoming 'STRONG' and may see 5300, 5330 and 5360. :clapping:
If Nifty breaches 5184 and stays below 5207 then NIFTY trend is to be 'WEAK'.Then expected lower targets are 5160, 5120 and 5060.
If SENSEX breaches 17374 and stays above 17304 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 17455, 17550 and 17640. :clap:
If SENSEX crosses 17098 and stays below 17168 with good volume then Sensex trend is said to be 'WEAK'.Then expected lower targets are 17020, 16900 and 16710.
Intraday break out level to watch on NIFTY Spot- 5274
Intraday break down level to watch on NIFTY Spot- 5184
NIFTY FUTURES
BUY -5249 TARGETS -5266,5290,5340 SL-5232
SELL-5212 TARGETS -5192,5165,5120 SL-5227
LT FUTURES
BUY -1365.50 TARGETS -1370,1382,1405 SL-1361
SELL-1352 TARGETS -1347,1332,1309 SL-1357
NIFTY
Trend-Flat to strong
SENSEX
Trend-Flat to strong
If NIFTY breaches 5274 and stays above at least 5251 with good volume then NIFTY trend is becoming 'STRONG' and may see 5300, 5330 and 5360. :clapping:
If Nifty breaches 5184 and stays below 5207 then NIFTY trend is to be 'WEAK'.Then expected lower targets are 5160, 5120 and 5060.
If SENSEX breaches 17374 and stays above 17304 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 17455, 17550 and 17640. :clap:
If SENSEX crosses 17098 and stays below 17168 with good volume then Sensex trend is said to be 'WEAK'.Then expected lower targets are 17020, 16900 and 16710.
Intraday break out level to watch on NIFTY Spot- 5274
Intraday break down level to watch on NIFTY Spot- 5184
NIFTY FUTURES
BUY -5249 TARGETS -5266,5290,5340 SL-5232
SELL-5212 TARGETS -5192,5165,5120 SL-5227
LT FUTURES
BUY -1365.50 TARGETS -1370,1382,1405 SL-1361
SELL-1352 TARGETS -1347,1332,1309 SL-1357