::(-_-):: SWING VOLUME PATTERN CHART ::(-_-):: ITS ALL ABOUT VOLUME & LEVEL BASE GAME ::(-_-)::
SVP CHARTS STILL INDICATE POSITIVE MOVE ON NIFTY
AS SUCH VOLUME ON 28TH MAY WAS LESS THEN ON 27TH EXPIRY DAY
WHICH WE THINK GOOD / STRONG SIGNAL FOR BULLS
AS LAST EXPIRY APRIL 2010 WE HAD A VOLUME VERY LESS COMPAIR FROM MAY 2010
EXPIRY DAY VOLUME APRIL (171,683,419) vs MAY (238,270,068) = NEARLY 40% HIGHER ON UPSIDE
BULL NEED NOT WORRY ONCE NIFTY CLOSE ABOVE 5156 TARGET 5500-5600 JULY 2010
RSI RISING ABOVE 30 (29.79>>>49.27)
MACD : ONE MORE POSITIVE CLOSING MAY BE BTW +5 TO +10 POINTS WILL GENRATE BUY SIGNAL
TO CONTI... THE UP TREND HIGHER HIGHS AND HIGHER LOWS NIFTY SPOT SHOULD NOT CLOSE BELOW 5008
::: WHEN RETAILS ARE SELLING SMART MONEY IS SELLING :::
::: WHEN THEY ARE BUYING RETAILS ARE SELLING :::
SVP CHART HELPS ON THE SAME TO UNDERSTAND THE MOVES OF SMART MONEY
But first have a look at the figures of unrealised points in nifty fut from buying avg
Day Resistance ::: 5080 / 5156 / 5185
Day Support ::: 5025 / 4980 / 4960
::: Monthly Levels :::
Nifty Trading Range :: 4960 - 5156
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 :: 5080
Nifty 200 day EMA :: 4896
All Above Spot Levels
AGAIN FROM TODAY I.E 31ST MAY 2010 AFTER ALMOST A MONTH
WE WILL START LIVE COVERAGE / CALLS ON NIFTY WITH CHART ON ABNSTOCKS
OM SHRI GANESHAYA NAMAH
if one wanna earn good money from market then need to have patience and should not be greedy you will be always the winner if not 100% then for sure atleast 90%
But first have a look at the figures of unrealised points in nifty fut from buying avg
NIFTY :: cmp - buying avg = (5041 - 4895) = +146 (total unrealised points)
Day Resistance ::: 5080 / 5156 / 5185
Day Support ::: 5025 / 4980 / 4960
::: Monthly Levels :::
close above 5045 trg 5302 / 5536
close below 4808 trg 4551/ 4320
Nifty Trading Range :: 4960 - 5156
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 :: 5080
Nifty 200 day EMA :: 4896
All Above Spot Levels
AGAIN FROM TODAY I.E 31ST MAY 2010 AFTER ALMOST A MONTH
WE WILL START LIVE COVERAGE / CALLS ON NIFTY WITH CHART ON ABNSTOCKS
SO DO NOT MISS BE HERE LIVE WE WILL AGAIN START MINTING GOOD MONEY THRU INTRADAY TRADE AS WELL :: HOPE ALL MINTED GOOD MONEY THRU POSITIONAL TRADES
OM SHRI GANESHAYA NAMAH