NIFTY INTRADAY LELVELS ON 17-06-2010

Nifty supports 5229, 5212,5185

Nifty Resistances 5235,5255, 5270.

Trading strategy for Intraday : Buy Nifty above 5235 with stoploss 5212 target 5255,5270.

book 50% @ 1st target modify SL to buying price and wait for 2nd target.

Sell Nifty below 5212 with Stoploss 5235 for targets 5185, 5165.

book 50% @ 1st target and modify SL to buying price and wait for 2nd target.

I already mentioned in previous post that strong support is at 5212 once cross with volumes than we may see next level 5185.

NIFTY INTRADAY LELVELS ON 16-06-2010

Nifty supports 5185, 5165,5120

Nifty Resistances 5230,5250, 5270.

Trading strategy for Intraday : Buy Nifty above 5230 with stoploss 5205 target 5250,5270.

book 50% @ 1st target modify SL to buying price and wait for 2nd target.

Sell Nifty below 5205 with Stoploss 5230 for targets 5185, 5165.

book 50% @ 1st target and modify SL to buying price and wait for 2nd target.

I already mentioned in previous post that above 5200 with volumes Nifty will touch 5230, 5255. 1st target all most touched.

NIFTY INTRADAY LELVELS ON 15-06-2010

Nifty supports 5180, 5155,5120

Nifty Resistances 5209,5230,5270.

Trading strategy for Intraday : Buy Nifty above 5209 with stoploss 5180 target 5230,5270.

book 50% @ 1st target modify SL to buying price and wait for 2nd target.

Sell Nifty below 5180 with Stoploss 5210 for targets 5155, 5120. book 50% @ 1st target and modify SL to buying price and wait for 2nd target.

I already mentioned in previous post that above 5140 with volumes Nifty will touch 5180, 5209. 1st target all most touched.