NIFTY Views - for 11th Oct 2012:

1) Another great day for both Bull & Bear. Tomorrow should close below 5630 for good bearish extension. It will breach both Daily & Weekly Support @ 5630

2) Pattern: Bearish confirmation after Doji, as expected. But it could have been better!! 

3) FIbo Level:  Nifty 61.8% Retracement @ 5649

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

Gap is also not filled today of 5650- 5680.

BUY:  Buy above 5650 with proper candle pattern,TGT - 5670, 5700,  SL - 5635

SELL: Sell in Rallies @ or Below 5660, TGT - 5640, 5450 SL -5675