NIFTY Views - for 10th Oct 2012:

1) A Beautiful day for both the trades- Bull & Bear

2) Pattern: A Doji formed. Indecision in the market & probably a trend continuation on downside

3) FIbo Level:  76.4% Retracement @ 5912

4) Weekly TF    :- Uptrend

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Up Trend

5) Daily TF        :- Double Bottom @ 5638,

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Down Trend

    ->  MACD (9,19,6) :- Bearish Confirmation after crossover

    ->  Stoc (14,3,5)  :- Bearish

    ->  Stoc (5,3,3)   :-  Bearish

6) 60 min TF      :- Down Trend

    ->  Bollinger  :-  Down trend

    ->  RSI          :-  Down trend

7) Gaps to be Noted:

    ->  5043  - 5077

    ->  5238  - 5309

    ->  5399  - 5415

    ->  5435  - 5526

    ->  5554  - 5575

BUY:  Buy above 5715,TGT - 5730, 5750,  SL - 5695

SELL: Sell in Rallies @ or Below 5730, TGT - 5640, 5450 SL -25 Points