NIFTY 50 future TRENDS

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06-03-12 Spot Nifty Res/Sup level
R2-5375 R1-5327 PIVOT-5296 S1-5272 S2-5217
WEEKLY S1-5265 HOLDS WE WILL SEE SHARP UP MOVE I EXPECT MARKET TO SCALE UP SOONER THAN LATER
BREAK OUT POINT 5362 BREAK DOWN 5265.
REF:
For coming week Spot Nifty levels
R3-5648 R2-5553 R1-5456 PIVOT-5362 S1-5265 S2-5171 S3-5075
Best advised to stay out intraday trade.....
 
hello ST,


5438 and 5428 levels are just the 21-day SMAs as of yesterday and today.. or is there more to it..?

thanks..!
These are the intermediate trend pivot high levels on 30 min NF chart....if these are taken out, trend in 30 min will change to up....the 21 SMA could be incidental but I dont see 21 SMA for 30 min TF swing trades.

Smart_trade
 
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