SVP Chart's indicating .... if we close even +5 points on nifty today ...
then no looking back heading for higher highs .... new high's
if not then the views remain same as eariler
two day closing below 4830 or intraday should break of 4780 on nifty spot
then will be heading for 4500-4600 else 5500-5600 by july 2010
Day Resistance ::: 4920/ 4960 / 4980 / 5025
Day Support ::: 4890 / 4870 / 4830 / 4780
Nifty Trading Range :: 4830 - 5025
Bear Fear Zone 4968 ::: Bull Fear Zone 5070
Bulls will have full control above 5070 and will fear the bears
Bears will have full control below 4968 and will fear the bulls
Nifty 100 day EMA :: 5081
Nifty 200 day EMA :: 4892
All Above Spot Levels
Thursday, May 27, 2010
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