WELCOME

WELCOME

Thursday, 3 May 2012

infy 1st tgt done made high 2496.50 
UPDATE:  ...... A REAL TESTING TIME... 

NIFTY SPOT: STILL FOLLOWING SAME LEVELS....AGAIN AND AGAIN..

==>> NIFTY TESTED 5150-75 AND BOUNCED BACK AGAIN FROM THE SAME REGION
LAST 5 CONSECUTIVE BOUNCES: 5187, 5180, 5160, 5179 AND 5154
==>> BOUNCE AGAIN GOT RESISTED AT 5290-5315 RANGE

==>> CRUCIAL SUPPORTS AS GIVEN BEFORE: 5150/75 (ON DEMAND-SUPPLY CONSENSUS AREA) AND 5120 (200 DMA) ==>> IF BREAKS BELOW, THEN GET READY FOR PANIC FALL TOWARDS 4900-45 RANGE.
==>> MAJOR RESISTANCES: 5290/5315---5345/75. ==>> IF BREAKS OUT WITH VOLUMES, THEN GET READY FOR SHARP RISE TOWARDS 5410/60--5500/55.


==>> TRIGGER POINTS INSIDE THE RANGE: 5220 & 5250 ==> FOR RANGE PLAYERS ONLY. SAFE PLAYERS MUST AVOID RANGE PLAY

INTRADAY BUY INFOSYS CMP 2480 TGT 2495/2510/2525 SL BELOW 2460