NIFTY Levels - for 17th Apr 2013:

Back after a Long time due to some other assignments and Investment services.. After stremlining all, lets move ahead:-

1) NS closed @ 5689 with highest one day move.

2) Pattern:- Monthly Chart forming a Hammer, Daily Nifty has broken a Trendline on closing basis but closed below 200 DMA

3) Nifty Future SR Levels/ Zones for Intraday :- 

            Resistance @ 5692~5705, 5766~5770, 5961~5966

            Support     @ 5639, 5614~5592, 5500~5492

4) OI:-   Call OI decreased at 5500 level,
            Put OI increased at 5600, 5700 level,
            PCR OI increased crossed 1 from 0.93 to 1.04, so market gaining Strength

5) Daily TF        :-      

    ->  Bollinger  :-        Consolidation

    ->  RSI          :-        Uptrend, so Buy all Dips

    ->  MACD (9,19,6) :- Bullish Crossover

    ->  Stoc (14,3,3)  :-  Bullish

6) 60 min TF      :-      

    ->  Bollinger  :-        Uptrend

    ->  RSI          :-        Uptrend

BUY above 5705 NF closing with SL 5675, TGT 5760.

SELL on pattern at 5705, SL 5710