NIFTY SPOT : 5043.40 as High and 4979.05 as Low
NIFTY FUTURE : 5049.00 as High and 4972.10 as Low
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Our Memorable Quotes:
On Monday 30th November
Before expiry, Nifty hit 5250 and above as new 52 week's high will be expected.
On Wednesday 2nd December
Nifty is in big hurdle at 5127, not easy to hit new high from here, And some small correction will wait for us in coming days.
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NIFTY ON 21ST DECEMBER 2009
Hai everybody,
Yesterday (Friday), we mentioned as "Today is the last chance for BEAR". See nifty break 5005 level and heading at 4987.70, and bear save its life for coming 2-4 days.
And nifty is in another hurdle at 4932 of 4900 level. One may chance to see 5005 level again today.
Trade below 4932 will only washout of bull. Still bull will have some life.
Today, if nifty will trade below 4985 level, with volumes, at opening or at any session, then free fall upto 4950 level and nifty try to break 4935 level.
If nifty win to break and trade below 4935, then slide upto 4902. If break out 4902, then we might see 4880 level.
If nifty not able to trade below 4935 and trade near 4950 for 15 min, then quick bounce made in nifty upto 4985 level. Be carefull trade in these levels.
Otherwise, nifty trade above 4985 level at opening or at any session, with volumes, then slow trade will made upto 5123 level.
If nifty sustain above 5005 level with volumes for 15 min, then quick move will made upto 5035 level. Above 5035, fire till 5065.
So today keep ur eyes on 5005 for upward and 4935 for downward.
Tip : Our levels are mentioned only Nifty spot, not Future.
Alert : Closing below 5000, no life to bull in coming 2-4 days.
Three consecutive closes above 5050, will take nifty upto 5150-5180 levels.
Three consecutive closes below 5000, will take nifty upto 4850-4800 levels.
Friday is first day closes below 5000, Today is the 2nd day..??
So trade carefully.
We are not available in CBOX today, may tomorow also. So no positional call(s) and intraday call(s). Sorry for inconvenience.
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TODAY BUY NIFTY FUTURE AROUND 4940-4955 FOR
TARGET1 4970 TARGET2 4995 keep SL 4925
TODAY SELL NIFTY FUTURE AROUND 5005-5020 FOR
TARGET1 4980 TARGET2 4955 keep SL 5035
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SAFELY TRADING.
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