15-mar-2011

Nifty Support 5397  5464 

        Range 5501

        Res   5567  5604

INTRADAY TRADERS BUY NIFTY ONLY ABOVE 5540  SL 5507 TGT 5570- 5600-5620.

POSITIONAL TRADERS BUY NIFTY BETWEEN 5512-5550 SL 5400 ON CLOSING BASIS.

NIFTY 20 Days SWING ATR CAN BREAK @ 5538  ( Until today not yet broken ), FRESH LONG POSITION CAN BUY ABOVE 5540, 50 Days MOVING AVERAGE @ 5588, IF ITS BREAKS THEN WE CAN SEE THE NIFTY IN BULLISH MODE.

AREVAT&D BUY ABOVE 249 & HOLD with SL @ 239  Target 256 / 262 / 272 & ABOVE  ( 20 Days Swing ATR 264 )--- Reason for the BUYING CALL within last 10 days Sharply corrected almost 20 % and its going to break the MOVING averages.

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