NIFTY SPOT : 5067.25 as High and 5001.80 as Low
NIFTY FUTURE : 5072.00 as High and 5004.00 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 17TH DECEMBER 2009
Hai everybody,
Yesterday, we mentioned as "If nifty trade below 5005 level, at opening or at any session, we might see 4980 level". Nifty hit 5001 and bounce back from there.
What will be in nifty today..? One good news flashed yesterday by NSE & BSE, "Trading time will start @ 9 AM from tomorow (Friday) onwards."
May be gap up opening due to GOOD NEWS. If nifty will trade near or above 5085, with volumes, at opening or at any session, zoom up to 5102 level.
Otherwise, nifty trade below 5065, then slide upto 5035 level. If breakout of 5035 level, panic selling upto 5005.
One may breakout of 5005 level in downside, fall upto 4980 and 4980 also breakout in downside, the free fall upto 4965 and 4935 level.
If nifty trade below 4950 level, and not able to breakout 4935 for 15 min, then bull will safe for coming days and nifty bounce back to 4980 level within 30 min.
One may chance, nifty retest 5005 level today.
So keep ur eyes on 5005 level today again.
Tip: Our levels are mentioned only Nifty spot, not Future.
High volatile trade or One side movemet will be expected.
Alert: Closing below 5000, no life to bull in coming 2-4 days.
Three consecutive close above 5050 level, will take to 5150-5180 levels.
Three consecutive close below 5000 level, will take to 4850-4800 levels.
So trade carefully.
For positional call(s) and intraday call(s), stay on CBOX, which is placed in left side of this blogspot.
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TODAY BUY NIFTY FUTURE AROUND 4975-4990 FOR
TARGET1 5030 TARGET2 5055 keep SL 4960
TODAY SELL NIFTY FUTURE AROUND 5075-5060 FOR
TARGET1 5030 TARGET2 5000 keep SL 5090
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SAFELY TRADING.
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