13-04-12 SPOT NIFTY RES/SUP
R3-5337 R2-5306 R1-5296 <<PIVOT-5272>> S1-5252 S2-5227 S3-5183
RS-5337 VERY STRONG RES. TO CROSS.... AND THIS ALSO TL BREAK OUT ONCE NIFTY GO ABOVE THIS LEVEL PLEASE CLOSE ALL SHORT POSITIONS.
ABOVE 5340 TARGETS ARE 5386-5444-5505 (PL. NOTE CLOSING ABOVE 5337 MINIMUM FOR 2DAYS)
DOW REF. HERE MANY TIME FOR A CHANGE I POST A CHART AND THE LEVELS TO WATCH OUT..
DOW HAD DEFENDED 50DMA FROM 19TH DEC. 2011 THIS IS THE 1ST TIME IT GOT BROKEN AND TRADING BELOW IT THIS BOUNCE RETRACED CLOSER TO 50 DMA (12991) ONLY CLOSE ABOVE THIS LEVEL12991 AND 13040 DOW BECOME BULLISH AGAIN TILL THEN IT'S ON A DOWN TREND COULD TEST 12200
R3-5337 R2-5306 R1-5296 <<PIVOT-5272>> S1-5252 S2-5227 S3-5183
RS-5337 VERY STRONG RES. TO CROSS.... AND THIS ALSO TL BREAK OUT ONCE NIFTY GO ABOVE THIS LEVEL PLEASE CLOSE ALL SHORT POSITIONS.
ABOVE 5340 TARGETS ARE 5386-5444-5505 (PL. NOTE CLOSING ABOVE 5337 MINIMUM FOR 2DAYS)
DOW REF. HERE MANY TIME FOR A CHANGE I POST A CHART AND THE LEVELS TO WATCH OUT..
DOW HAD DEFENDED 50DMA FROM 19TH DEC. 2011 THIS IS THE 1ST TIME IT GOT BROKEN AND TRADING BELOW IT THIS BOUNCE RETRACED CLOSER TO 50 DMA (12991) ONLY CLOSE ABOVE THIS LEVEL12991 AND 13040 DOW BECOME BULLISH AGAIN TILL THEN IT'S ON A DOWN TREND COULD TEST 12200