Thursday, November 11, 2010

11-nov-2010

Nifty 3 month chart show some negative indicator in slow stochastic oscillator & rsi & overbought level .short term traders go short nifty (spot) between 6270-6320 sl for 6384 on closing basis.
In medium term nifty is bullish above trading 5984 medium term target 6484-6600 lvl.

NIFTY WEEKLY SUPPORT  - 5991.45 - 6151.90
                                RANGE      - 6245.20
                                RES            - 6405.65    6498.95

BUY & HOLD AREVAT&D ABV 298.4 SL 292 TGT 302-307-325 

PERFORMANCE 

NIFTY 1ST TARGET ACHIVED @ 6230 SPOT(60PTS)