SVP CHART UPDATE (last leg / panic fall) ::: Views Remain the Same ::: RESISTANCE & SUPPORT ::: BEAR & BULL FEAR ZONE ::: 21st MAY 2010

::(-_-):: SWING VOLUME PATTERN CHART ::(-_-):: ITS ALL ABOUT VOLUME GAME ::(-_-)::

VIEWS REMAIN THE SAME AS SAID YESTERDAY

SVP Chart Update (LAST LEG / PANIC FALL) : Last 3 to 6 days including todays volume data is indicating
Nifty Spot would bottom out near 4830(closing) or 4790(intraday)
Just last panic selling left out for creating panic & end of current fall / correction

IF STILL HOLDING REMAINING 50% CARRY  SHORT

BOOK 25% NIFTY SHORT @ 4890 AND REMAINING 25% BTW 4870 - 4830
ONCE BOOK NIFTY @ 4890 MODIFY STOPLOSS FROM 4960 TO 4920  

Day Resistance ::: 4960 / 4980 / 5025
Day Support ::: 4890 / 4870 / 4830

Nifty Trading Range :: 5115 - 4790

3 Days Trend Resistance comes at 5025 (above 5025 mild bullish)
5 Days Trend Resistance comes at 5120 (above 5120 very bullish)

Bear Fear Zone 5082 ::: Bull Fear Zone 5138
Bulls will have full control above 5138 and will fear the bears
Bears will have full control below 5082 and will fear the bulls

Nifty 100 day EMA :: 5096
Nifty 200 day EMA :: 4892

IF IN ANYCASE PANIC ARISE IN MARKET
NIFTY SPOT INTRADAY SUSTAIN BELOW 4830 CAN HIT 4790
CLOSING WOULD BE SURE ABOVE 4830

All Above Spot Levels

OM SHRI GANESHAYA NAMAH