Trading Nifty by Levels

murthyavr

Well-Known Member
Stock Watch
Volatility Levels - 03.01.2012

HINDCOPPER (Open - 187.30)
Buy Above: 192.13 (Targets: 194.98 - 197.02 - 199.61 - 202.90)
Sell Below: 182.87 (Targets: 180.02 - 177.98 - 175.39 - 172.10)
Mid Point: 187.50


STCINDIA (Open - 141.00)
Buy Above: 143.54 (Targets: 145.72 - 147.27 - 149.25 - 151.77)
Sell Below: 136.46 (Targets: 134.28 - 132.73 - 130.75 - 128.23)
Mid Point: 140.00


VARUN (Open - 238.00)
Buy Above: 245.46 (Targets: 249.38 - 252.18 - 255.74 - 260.26)
Sell Below: 232.74 (Targets: 228.82 - 226.02 - 222.46 - 217.94)
Mid Point: 239.10


MINIFTY-JANFUT (Open - 4690.10)
Buy Above: 4715.81 (Targets: 4731.69 - 4742.99 - 4757.39 - 4775.70)
Sell Below: 4664.39 (Targets: 4648.51 - 4637.21 - 4622.81 - 4604.50)
Mid Point: 4690.10


NIFTY-JANFUT (Open - 4680.55)
Buy Above: 4706.04 (Targets: 4721.78 - 4732.99 - 4747.27 - 4765.41)
Sell Below: 4655.06 (Targets: 4639.32 - 4628.11 - 4613.83 - 4595.69)
Mid Point: 4680.55


BANKNIFTY-JANFUT (Open - 8075.00)
Buy Above: 8077.16 (Targets: 8116.19 - 8143.96 - 8179.35 - 8224.32)
Sell Below: 7950.84 (Targets: 7911.81 - 7884.04 - 7848.65 - 7803.68)
Mid Point: 8014.00

Pl check the levels yourselves, to make sure that the above are correct..
 
Recommendation:
Buy at / above: 4709.39 Targets: 4724.19 - 4741.39 - 4758.61 - 4775.87
Stoploss : 4692.25
Sell at / below: 4692.25 Targets: 4677.47 - 4660.39 - 4643.33 - 4626.31
Stoploss : 4709.39
 

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