Friday, 8th January 2010

THURSDAY TRADE HISTORY :

NIFTY SPOT       : 5302.55 as High and 5244.75 as Low

NIFTY FUTURE : 5293.00 as High and 5245.15 as Low
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NIFTY ON 8TH JANUARY 2010

Hai everybody,

Yesterday we mentioned as, "Today nifty break and trade below yesterday's low (5260.25), then slide to 5242, and try to fall upto 5204 level". See nifty break 5260.25 and hit 5244.75 as Day's low.

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

Yesterday was 3rd consecutive closes above 5250, so nifty hit 5350 and above..!!??

No, if yesterday nifty not break 5250, then we have hope for nifty hit 5350-5500. But yesterday nifty break 5250 and giving bear sign. So..!!??

May one chance to nifty hit one more new high today (above 5311), then zoom upto 5350 level. Otherwise..!!?? Let us wait and watch.
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (5302.55), then non-stop trade upto 5323 and try to reach 5348 level.

Today nifty break and trade below yesterday's low (5244.75), then panic selling will made upto 5204 level.
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TODAY'S TRADING LEVELS :

Today above 5252, then quick trade upto 5288.

Above 5288, then pickup to 5303.

Above 5303, then zoom upto 5348.

Below 5242, then free fall upto 5204.

Below 5204, then slide upto 5185.

Breaking and trade below 5185, then might see 5150.
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TODAY'S HINTS :

Remember : U turn levels 5288-5320.

Already nifty took U turn from 5310.

May be, Today one side movement will be expected.

Mean, Opening point in nifty, will maintain as Day's high for whole day.

Given at 6th Jan : Open challenge : If anyone get ready to go, Positional short today @ any point with strictly stoploss 5355 for target 5100 and below within 10 days.

Alert : Closing below 5242, then no more life to bull in coming week.

Almost 3 consecutive closes over till yesterday. Today one more want for 5350-5500 levels, cos nifty was not able to break wednesday's high 5310.85 yesterday, and closing very near to 5250. Mean already bear sign start from yesterday.

May be, Today will be a BLOCK FRIDAY.

So keep ur eyes on 5242 and also 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 SELL NIFTY FUTURE BELOW 5300 FOR TARGET1

5270 TARGET2 5240 keep SL 5315


TODAY BUY NIFTY FUTURE ABOVE 5240 FOR TARGET1

5270 TARGET2 5300 keep SL 5225

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SAFELY TRADING.