Tuesday, February 1, 2011

UPDATES FOR FEB 2 2011

FEB 2 WEDNESDAY

TRADING LEVELS

NIFTY OUTLOOK

Nifty is still in Bear region . Below 5376 selling pressure

will intensify

Some Bullishness can be seen above 5640

No positional longs advised till Nifty closes above 5600

NIFTY SPOT

SUPPORT 1 5366 , SUPPORT 2 5215

RES 1 5503 , RES 2 5589

NIFTY FEB

SUPPORT 1 5375 , SUPPORT 2 5328

RES 1 5506 , RES 2 5589

BANK NIFTY

SUPPORT 1 10402 , SUPPORT 2 10311

RES 1 10652 , RSE 2 10811

Trading Call :

Buy Reliance @ 911 , sl @ 905