Wednesday, 18th November 2009

NIFTY ON 18TH NOVEMBER 2009

Hai everybody,

Yesterday, we should saw the trailer of bull show between 5005-5085 levels. Now we know only good support for bull is 5005. If break 5005 then we will see bear.


Forget the down trend (bear) for 2 days. Today no more big movement in nifty for hole day. Nifty trade between 5005 and 5085 once again today as well as yesterday.


Bull will come with full strength will only be expected tomorow only.

Opening like flat TODAY. Above 5065 with volumes, will take upto 5085 level. Below 5035 with volumes, will take upto 5020 level. Trade like sin wave today.

We said once again, Don't carry positional long from here. Play intraday like long or short as per ur wish with small stoploss.

By two days trade, we get the piviot for nifty 5050 currently.

Today trade between 5020-5085.

Closing above 5065 will good sign for BULL on Thursday.

Cos already we saw 2 more closing above 5050. Now we want one more for BULL (5135).

So trade carefully.

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TODAY BUY NIFTY AROUND 5035-5050 FOR TARGET1

5065 TARGET2 5085 keep SL 5020


TODAY SELL NIFTY AROUND 5100-5085 FOR TARGET1

5065 TARGET2 5050 keep SL 5115

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SAFELY TRADING.

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