Friday, 15th January 2010

THURSDAY TRADE HISTORY :

NIFTY SPOT       : 5272.85 as High and 5244.20 as Low

NIFTY FUTURE : 5275.00 as High and 5244.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5258

RESISTANCE 1 5273                               SUPPORT 1 5144

RESISTANCE 2 5287                               SUPPORT 2 5230

RESISTANCE 3 5301                               SUPPORT 3 5215
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NIFTY ON 15TH JANUARY 2010

Hai everybody,

Yesterday, Nifty struggled between 5242-5272 and heading at 5259 level now.

Small problem to bear now, and Till breaking 5311, nifty is in  bear control.

We repeated again and again, Nifty is in big hurdle at 5242 like as 5127.

Not possible for 5350 now, and nifty will shown some correction before hitting 5350.

Still we hope, nifty will fall 100+ in one day will be expected. It will happend today..!!??

May one chance to see 5288 today and then..!!??
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (5272.85), then zoom upto 5288 and try to reach 5303 level.

Today nifty break and trade below yesterday's low (5244.20), then slide upto 5222 and try to reach 5204 level.
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TODAY'S TRADING LEVELS :

Today trade above 5252, then quick trade upto 5288.

Above 5288, then zoom upto 5303.

Above 5303, then step upto 5323 & 5348.

Below 5242, then free fall upto 5222 - 5204.

Below 5204, then slide upto 5185.

Break and trade below 5185, then bloodbath upto 5150.
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Remember : U turn levels 5288-5320.

Nifty already took U turn from 5310 on last friday.

Given on 6th, @ 5300, Open challenge : If anyone get ready to go, Positional Short today @ any point with strictly stoploss of 5335 for target 5100 and above within 10 days.

Somebody questioned us today about, within 10 days mean till today. But we mentioned within 10 days mean 10 trading days.

Closing below 5242, trouble to bull upto 5150 level.

Closing above 5252 only safe for bull.

So keep ur eyes on 5242 and 5288 levels today.

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

So trade carefully.

For Positional call(s) and Intraday call(s), Visit (L)EARN AND EARN, by log on http://www.subiuthra.blogspot.com/ and stay there during market session.

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TODAY BUY NIFTY FUTURE ABOVE 5265 FOR TARGET1

5285 TARGET2 5305 keep SL 5250


TODAY SELL NIFTY FUTURE BELOW 5250 FOR TARGET1

5225 TARGET2 5200 keep SL 5265

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SAFELY TRADING.