ASIAN MARKETS WEEKLY TREND & TRADING LEVELS : 14 NOV 2011 (HANG SEN 40 / NIKKI 225 JAPAN / NIFTY FUT

NIFTY FUT WEEKLY TREND  LEVELS & TRADING STRATEGY

BEST BUY & SUPP @ 5227 ACTUAL RESIS & BEST SHORT LEVEL 5267.80 A BREAK ABOVE 5335 UPSIDE TGT 5399/5440 HOWEVER A CRACK BELOW 5120 DOWNSIDE TGT IS 5096/5056

TREND & TRADING STRATEGY

FAST SCO INDICATIN SOUTH WARD DIRECTION BUT SLOW SCO & CCI IS JUST ABOVE THE SUPPORT CHANNEL & TRYING TO TAKE A SUPP & BOUNCE..HENCE WE ASSUME THT WHATEVER DOWNSIDE IS LEFT IN NIFTY IS VERY MUCH LIMITED & ONE CAN BUY ON DIPS IF GET 5165 - 5120 FOR THE ABOVE GIVEN TGT

HANG SEN 40

BEST BUY & SUPP @ 19308 ACTUAL RESIS & BEST SHORT LEVEL @ 19532 ( CURRENT SUPP) A BREAK ABOVE 19660 UPSIDE TGT 20256/20480 ; A CRACK BELOW 19160  DOWNSIDE TGT 18585/18360

CMP – 19580

JAPAN NI 225

BEST BUY & SUPP @ 8607 ACTUAL RESIS & BEST SHORT LEVEL @ 8674 A BREAK ABOVE 8720 UPSIDE TGT 8886/8952;  A CRACK BELOW 8520 DOWNSIDE TGT 8396/8328

CMP – 8614.50