Thursday, July 30, 2009

NIFTY FUTURES INTRADAY TREND ANALYSIS FOR 31st JULY 2009

FOR TODAYS INTRADAY, NIFTY "TREND DECIDER" IS 4565.
BULLS ACTIVE TILL 4565 INTACT.
ABOVE 4565 IMMEDIATE RESISTANCE PEGGED AT 4591.
""1st TREND REVERSAL"" IS AT 4591.
SUSTAINING ABOVE 4591 WILL TAKE NIFTY FUT TO 4615 - 4639.
"MAXIMUM" 4639 FOR TODAYS INTRADAY SESSION.
BELOW “TREND DECIDER” OF 4565 IMMEDIATE SUPPORT 4540 - 4527 - 4515.
""1st BOUNCE"" BACK IS 4515.
BELOW 4515 SUPPORT AT 4500 - 4482.
CRUCIAL SUPPORT 4482 IF 4482 CRACKS THEN SUPPORT AT 4467 - 4452.
2nd & ""LAST BOUNCE BACK"" REGION 4452.
IF 4452 CRACKS THEN LAST SUPP 4422

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