Sep 5, 2011

Nifty Premarket View - 05.09.2011

Option Reading Index for today is (-) 6.55 down from last trading figure of  (+) 1.06 suggests mild buying interest.For Nifty weekly view, click here 

Ichimoku Std Param
Price up. Tenken & Span A uptrending, Kijun & Span B flat. Kumo Gap – 204 points. Gap narrowing down indicating probable bullish kumo crossover. Price may attempt to 5230 levels if 5135 is taken out.  

Ichimoku Short Param
Price up. Tenken, Kijun, Span Lines flat. Kumo Gap – 11 points.  Rest Chart is self explanatory.
 
Resistance – 5040, 5078, 5096, 5115, 5135, 5231
Support – 5026, 5013, 4995, 4946, 4926, 4917.


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