NIFTY & SENSEX VIEWS FOR 3 JAN 2012
NIFTY Trend-Weak
SENSEX Trend-Weak
If NIFTY breaches 4669 and stays above at least 4653 with good volume then NIFTY trend is becoming 'STRONG' and may see 4685 and 4710.
If Nifty breaches 4605 and stays below 4621 then NIFTY trend is said to be WEAK.Then expected lower targets are 4589 and 4550.
If SENSEX breaches 15620 and stays above 15568 with good volume then Sensex trend is becoming STRONG , possible upper targets are 15675 and 15750.
If SENSEX crosses 15416 and stays below 15467 with good volume then Sensex trend is said to be WEAK.Then expected lower targets are 15365 and 15240.
Intraday break out level to watch on NIFTY Spot- 4669
Intraday break down level to watch on NIFTY Spot- 4605
Nifty View for Midday Trading Sessions CLICK HERE
BANKNIFTY FUTURES TIPS FOR TODAY 3 JAN:
BUY -8022 TARGETS -8062,8110,8180 SL-7994
SELL-7960 TARGETS -7920,7875,7800 SL-7984
BANKNIFTY PIVOT POINTS FOR TODAY 3 JAN:
Resistance1-8053 Resistance2-8111 Resistance3-8193 PIVOT-7971
Support1-7913 Support2-7830 Support3-7773
MOVING AVERAGES:
SMA-7: 8149.86 SMA-13: 8150.70 SMA-26: 8470.08 SMA-50: 8906.38 SMA-200: 10173.93
EMA-12: 8190.22 EMA-26: 8429.03 EMA-50: 8753.19 EMA-200: 9797.82 MACD: -238.81
NIFTY PIVOT POINTS FOR TODAY 3 JAN:
Resistance1-4659 Resistance2-4681 Resistance3-4717 PIVOT-4624
Support1-4601 Support2-4566 Support3-4543
MOVING AVERAGES
SMA-7: 4693.80 SMA-13: 4679.91 SMA-26: 4779.42 SMA-50: 4932.24 SMA-200: 5274.41
EMA-12: 4697.96 EMA-26: 4770.48 EMA-50: 4862.90 EMA-200: 5175.08 MACD: -72.52
