NIFTY TIPS TODAY 4 APRIL, NIFTY FUTURES TIPS TODAY 4 APRIL:
Sell Nifty Future below 5360 Target -5338, 5320, 5290, Stoploss - 5405
NIFTY Trend-Flat to strong
SENSEX Trend-Flat to strong
If NIFTY breaches 5378 and stays above at least 5367 with good volume then NIFTY trend is becoming STRONG and may see 5390 and 5405.
If Nifty breaches 5339 and stays below 5350 then NIFTY trend is to be WEAK.Then expected lower targets are 5327 and 5312.
If SENSEX breaches 17650 and stays above 17623 with good volume then Sensex trend is becoming STRONG , possible upper targets are 17687 and 17730.
If SENSEX crosses 17545 and stays below 17572 with good volume then Sensex trend is said to be WEAK.Then expected lower targets are 17512 and 17475.
Alert-Today markets are expected to trade flat .If it breaches higher or lower levels markets may trade on that direction.
Intraday break out level to watch on NIFTY Spot- 5378
Intraday break down level to watch on NIFTY Spot- 5339
NIFTY PIVOT POINTS TODAY 4 APRIL:
Resistance 1- 5377
Resistance 2- 5395
Resistance 3- 5411
PIVOT-5361
Support 1- 5342
Support 2- 5326
Support 3- 5308
MOVING AVERAGES
SMA-7: 5253.28 SMA-13: 5268.80 SMA-26: 5307.84 SMA-50: 5324.96 SMA-200: 5147.37
EMA-12: 5285.63 EMA-26: 5295.04 EMA-50: 5257.19 EMA-200: 5207.14 MACD: -9.41
BANK NIFTY PIVOT POINTS TODAY 4 APRIL:
Resistance 1- 10498
Resistance 2- 10564
Resistance 3- 10625
PIVOT-10437
Support 1- 10372
Support 2- 10310
Support 3- 10245
MOVING AVERAGES
SMA-7: 10147.30 SMA-13: 10221.96 SMA-26: 10331.89 SMA-50: 10324.97 SMA-200: 9799.29
EMA-12: 10252.08 EMA-26: 10275.29 EMA-50: 10125.89 EMA-200: 9924.37 MACD: -23.21
