Monday, March 21, 2011

Camarilla levels for 22 March 2011

Today is a positive day...Nifty fut opened at 5403.7, which is in between the Camarilla support and resistance. After twenty minutes, the charts formed a higher swing low compared to yesterday and the uptrend started.
The levels today are:
Resistance 1 at 5411 - Go long above this level for targets and breakout above 5429 to 5457 and 5458.
For any possible drop, short at 5411 for targets of 5375, 5356 (further short breakout) and targets of 5330 and 5303.

Have a great day,

Abnash

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