NiftyUpdates For17jul09---InderBhatia

The Indian market ended flat today after volatile session and saw profit booking at higher levels .For coming session .On the daily chart nifty form reversal doji pattern if nifty trade below 4191 levels it can test 4151-4090 zones .On the upside 4277-4330 zone will act as resistances zones

Nifty Future For 16 JULY,2009 - Viral Joshi

Pivot is 4200 and support is 4200.

S1 4280 S2 4250 S3 4200 R1 4300 R2 4320 R3 4350/4400

NIFTY FUTURE
BUY ABOVE 4280 & IF BREAK 4300 THEN 4320 - 4350 - 4400.
SHORT BELOW 4270 & IF BREAK 4265 THEN 4250 - 4235 - 4200.


Daily moving averages:

5DMA 4080;
20DMA 4244;
50DMA 4227;
200DMA 3358.

Bank Nifty For 16 JULY,2009 - viral Joshi

Pivot is 6880 and Support is 6800

s1 6980 s2 6950 s3 6900 R1 7050 R2 7100 R3 7150/7200.

Buy Above 7020 & If Break 7050 Then 7100 - 7150 - 7200.
Short Below 6950 & If Break 6920 Then 6900 - 6850 - 6800.


Dow Jones Tonight For 16 JUly,2009 - Viral Joshi

Pivot is 8,580 and support is 8,500.

S1 8,600; S2 8,580; S3 8,550; and R1 8,635; R2 8,650; R3 8,700/8,750.

Above 8,635 Dow is positive and below 8,600 Dow is negative.

www.wishmasterfinancialservice.com

Comment:-

Gap UP Opening Today. ( 45 - 55 points )

support for day 4200.

if nifty future break 4485 level and hold it for 2 to 3 days then 5000 level can be seen.

if dow jone hold 8200 level then 9200 is on way, break out already done in it.

nifty need to hold 4200 for break out of 4485 level & 4750 level.

NiftyUpdates For 16jul09---InderBhatia

The Indian market opened on gap-upon positive global cues and close with hand some gains. For coming session if nifty cross 4259-4265 zones it can test 4300-4334 zone at the end of session nifty end near resistances zone .On hourly chart nifty is enter in overbought zone if nifty trade below 4200 levels it can test 4150 zones .