Thursday, 19th November 2009

NIFTY ON 19TH NOVEMBER 2009

Hai everybody,

Yesterday, once again bull had try to prove its strength. But it can't. And yesterday was the third day, we saw nifty closing above 5050. Its good for BULL. But not bad for BEAR.

We already told, three consecutive close above 5050 will possible to take 5135 level. So today we will wait for 5135 (BULL DAY). High volatile accure in market today. Expect trade around above 100 points.

Nifty open with gapdown 20- and below, will be expected today. May be opening point will be today's low for hole day for FUTURE.

Keep ur eyes on 5005, if break and trade below 5005  at opening or before 10:30 AM, we will forget BULL today.

Watch the level 5065 (Nifty spot). And once again, we remembered u, Don't carry positional long from here. Intraday trading is good for u, like this type of market.

Today trade between 5005-5135 level.

Closing above 5100 will good sign for BEAR in next 1-2 days.

If nifty breach 5135 level, close ur positional longs at that point.

Don't expect nifty range above (52 week high) 5182 in this november.

So trade carefully.

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TODAY BUY NIFTY AROUND 5020-5035 FOR TARGET1

5065 TARGET2 5085 keep SL 5005


TODAY SELL NIFTY AROUND 5100-5085 FOR TARGET1

5050 TARGET2 5035 keep SL 5115


TODAY BUY NIFTY AROUND 5050-5065 FOR TRAGET1

5100 TARGET2 5115 keep SL 5035

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SAFELY TRADING.