SVP Chart Update (REVERSAL / CONFIRMATION BY 24th- 25th ) :::NIFTY VIEWS ::: RESISTANCE & SUPPORT ::: BEAR & BULL FEAR ZONE ::: 24th MAY 2010

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

SVP Chart Update (REVERSAL / CONFIRMATION BY 24th OR 25th MAY 2010)
Last 2 to 4 days including Friday volume data is indicating
ON FIRDAY CLOSING THE CANDLE / BAR FORMATION
(VOLUME / CLOSING & ... MORE ::: REVERSAL::: WILL UPDATE ON 25TH MAY)

OUR VIEWS REMAIN THE SAME 4830 NIFTY SPOT CLOSING BASIS WILL BE THE ROCK BOTTOM
AS EXPECTED / TOLD LAST LEG / PANIC FALL CAME ON FRIDAY
AND JUST BOUNCED FROM GIVEN LEVEL 4830 DAY LOW WAS 4842

MAY 2010 MINTED 680++ POINTS IN NIFTY SPOT
FIGURE MUCH BIGGER DUE TO MULTI JOBBING / TRADING
TATASTEEL (B&S) +90 POINTS JSPL (B) + 55 POINTS
HOPE ALL HAVE MINTED GOOD MONEY AND ENJOYED THE DOWN SWING ALONG WITH US

HOPE EVERYONE TAKEN LONG POSITION IN ALL 7 RECMD STOCKS & TIGHTEN YOUR BELT
AS WE ARE READY FOR TAKE-OFF ... SPEED / MOMENTUM GONNA RISE SOON
IF NIFTY SPOT CLOSING BASIS HOLD 4830 BY JULY WE COULD SEE LEVELS OF 5500-5600
MINOR RESISTANCE COME AT 5025 & IF NIFTY BREACH AND CLOSE ABOVE 5165
NO ONE CAN STOP THE BULLS ....
NOW BEARS CAN GET ACTIVE & HAVE CONTROL ONLY BELOW 4830 ON NIFTY CLOSING BASIS

Day Resistance ::: 4960 / 4980 / 5025 / 5060
Day Support ::: 4920 / 4890 / 4870 / 4830

Nifty Trading Range :: 4990 - 5025

Bear Fear Zone 5025 ::: Bull Fear Zone 5114

Bulls will have full control above 5114 and will fear the bears
Bears will have full control below 5025 and will fear the bulls

Nifty 100 day EMA :: 5094
Nifty 200 day EMA :: 4890

All Above Spot Levels

OM SHRI GANESHAYA NAMAH