FRIDAY TRADE HISTORY:
NIFTY SPOT : 4952.55 as High and 4806.70 as Low
NIFTY FUTURE : 4960.00 as High and 4801.00 as Low
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Hai every body,
What a great fall in last week from 5139 to 4801, around 350 points. Almost our downtrend ends today, uptrend starts from tomorow onwards, for new 52 week's high. Before expiry, Nifty hit 5250 and above as 52 week's high will be expected.
Today nifty is neutral between 4935 to 4965 (Nifty spot). So keep ur eyes on these levels. Cos trend for coming days, only decide these levels.
Expect the below trading levels in this week:
1) If breakout of 4935 level, free fall upto 4905 and 4880 levels.
2) If breakout of 4880 level, free fall upto 4850 and 4820 levels.
3) If breakout of 4800 level, no fear upto 4777 level for BULL. Cos 4777 is the sucide point of BULL.
4) If breakout of 4965 level, bounce upto 5005 and 5025 levels.
5) If breakout of 5025 level, bounce upto 5065 and 5085 levels.
6) If breakout of 5085 level, no fear upto 5127 level for BEAR. Cos 5127 is the sucide point of BEAR.
NIFTY ON 30TH NOVEMBER 2009
Today, breakout of 4935 level, downside trade upto 4905 level, and breakout of 4965 level, upside trade upto 5005 level. One side trade will be expected.
Today trade between 4920 -5005 levels.
So trade carefully.
For Positional calls and Intraday calls, Watch our CBOX during market session.
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TODAY BUY NIFTY AROUND 4920-4935 FOR TARGET1 4960
TARGET2 4980 keep SL 4905
TODAY SELL NIFTY AROUND 5000-4985 FOR TARGET1
4960 TARGET2 4940 keep SL 5015
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SAFELY TRADING.
OUR NIFTY POSITONAL CALL, GIVEN AT 22/11/2009 12:58 PM, (FOR DETAILS SEE OUR CBOX) STILL VALID WITH REVISED STOPLOSS 4835 FOR TARGET 5000 AND ABOVE.
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