Wednesday, 16th December 2009

TUESDAY TRADE HISTORY:

NIFTY SPOT       : 5129.45 as High and 5018.25 as Low

NIFTY FUTURE : 5125.00 as High and 5017.10 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 16TH DECEMBER

Hai everybody,

Yesterday, we mentioned as, "Today nifty try to EXIT from the level 5100, mean hold(close) below 5050 or above 5150." See nifty heading at 5033, below 5050 level.

What happend in nifty today..? An unexpected fall occur in nifty yesterday from 5130 to 5020. Finally heading at 5033 level.

May be gap down opening today. If nifty trade below 5005 level, at opening or at any session, we might see 4980 level.

If nifty trade below 4980 level also, with volumes, then nifty will face 4965 and 4950 levels quickly.

4935 is the important level for bull.

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.

Otherwise, nifty not able to trade below 5035 , at opening or at any session, will zoom upto 5065. And if nifty trade above 5065 level, with volumes, then quick trade to 5080 and 5102 levels.

So keep ur eyes on 5005 level today.

Tip: Our levels are mentioned only Nifty spot, not future.

No more big movement in nifty today.

One may chance, today trade between 4980-5050 levels only.

Alert : Closing below 5000, no life to bull for whole week.

Closing above 5000, bull will safe for coming days.

Three consecutive closes below 5000, will take to 4850-4800 levels.

So trade carefully.

For positional call(s) and intraday call(s), stay on CBOX, which is placed in lefe side of this blogspot.

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TODAY BUY NIFTY FUTURE AROUND 4980-4995 FOR

TARGET1 5030 TARGET2 5045 keep SL 4965


TODAY SELL NIFTY FUTURE AROUND 5050-5065 FOR

TARGET1 5020 TARGET2 5000 keep SL 5080

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SAFELY TRADING.