Wednesday, 23rd December 2009

TUESDAY TRADE HISTORY:

NIFTY SPOT       : 4997.30 as High and 4969.55 as Low

NIFTY FUTURE : 4999.90 as High and 4967.10 as Low
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Our Memorable Quotes:

On Monday 30th November

Before expiry, Nifty hits 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 23RD DECEMBER 2009

Hai everybody,

Yesterday, we mentioned as "Today is the last day for BEAR, if nifty not able to trade below 4935 only." and "today only closing below 4980 is favour to BEAR upto 4800 in coming days." See nifty closing above 4980 level. So still bull must safe.

IMPORTANT HINTS:

Today nifty break and trade below, yesterday's low (4967.10), then danger to bull upto 4800.

Today nifty break and trade above, yesterday's high (4997.30), then danger to bear upto 5150.

Today below 4985, trade upto 4965 and 4950 levels.

Break 4935 and trade below, then free fall upto 4902 level.

Above 4985, trade will continue upto 5005 level.

Above 5005, quick trade will made upto 5035 and 5050 levels.

May be, once again we will see the trade above 5005 level.

So keep ur eyes on 5005 level again today.

Today if nifty closing below 4980 level, bull will be washout for coming days till 4800.

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

Three consecutive closes above 5050 level, will take nifty upto 5150-5185 levels.

Today is the 1st day..??

Three consecutive closes below 5000 level, will take nifty upto 4850-4800 levels

So trade carefully.

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TODAY BUY NIFTY FUTURE AROUND 4945-4960 FOR

TARGET1 4985 TAREGET2 5005 keep SL 4930


TODAY SELL NIFTY FUTURE AROUND 5025-5010 FOR

TARGET1 4985 TARGET2 4965 keep SL 5040

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SAFELY TRADING.

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