Thursday, April 10, 2008

<:: Pre & Post Market Analysis For 11 TH April , FriDay , 2008 ::>



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:: Support & Resistance Level Of Nifty ::


Sopt Nifty Closed @ 4724.50 [ 15.30 HRS ]

We Should Go Long Only Either @ Above 4737.70 OR @ Above 4746.95 With A Stirct STPL @ 4713.45

As Per Market Condition [ Depends On Opening ]

And

U .L .Tgt Will Be 4778.80 [ T.R.P][Strong Resistance Level ] \ 4786.30 \ 4810.60

If Market Wont Sustain @ 4778.80 Level Then Don’t Go Long ,

Wait And Watch The Level 4713.45 Level ,

If It Will Break , Then Go Short With A STPL @ 4720.00,

And Lower Level Spot TGT 4698.40 \ 4674.15

But If It Will Sustain @ 4778.80 Spot Level

Then Upper Level TGTs :: As Mentioned Above Strong Resistance @ 4810.60 \ 4830.00 ,

But We Are Predicting That If Nifty Spot Wont Cross And Give A Close @ Above 4780 Then It Cant Move Up Sharply And Will Face A Strong resistance @ 4810 \ 4830

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