Thursday, 26th November 2009

NIFTY ON 26TH NOVEMBER 2009

Hai everybody,

Nifty spot hit and cross 5127 and Nifty future also cross 5135 (Yesterday's high 5139). Then what in nifty next?

Today,

EXPIRY DAY

November (F)uture & (O)ptions closed today. We crossed and successfully trade, last 20 (trading) days in NOVEMBER.

We saw in NIFTY (November) Future  around 4535 as low and around 5135 as high in november. Totally 600 points covered.

Today we will watch the level 5127 in Nifty spot level. If 5127 will be breakout at any session, upmove will continue to 5165 level.

Otherwise breakout of 5085 at any session, downmove will continue to 5050 level.

CUE: One may see 5150 or 5005 will be possible today or tomorow.

So beware with the market today.

Last 3 days, we said as, Above 150 points fall made in NIFTY this week, will be expected.

And also note our quote, Don't expect the trade above (52 weeks high) 5181.95 in this November series. Today is the last day for November series..!?

Today trade between 5035-5135 levels.

So trade carefully.

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TODAY BUY NIFTY DEC FUT AROUND 5090-5105 FOR

TARGET1 5120 TARGET2 5135 keep SL 5075



TODAY SELL NIFTY DEC FUT AROUND 5120-5135 FOR

TARGET1 5100 TARGET2 5085 keep SL 5150

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --

SAFELY TRADING.


OUR LAST DAY PERFORMANCE:

25/11/2009 12:35 PM : SELL NIFTY FUTURE @ 5130 SL 5150 TARGETS 5110/5090

25/11/2009 2:25 PM : OUR 1ST TARGET 5110 ACHIEVED

25/11/2009 2:30 PM: NIFTY FUTURE REACHED 5099