NIFTY SPOT : 5279.85 as High and 5242.45 as Low
NIFTY FUTURE : 5271.90 as High and 5245.05 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :
PIVOT 5258
RESISTANCE 1 5273 SUPPORT 1 5236
RESISTANCE 2 5295 SUPPORT 2 5220
RESISTANCE 3 5311 SUPPORT 3 5199
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NIFTY ON JANUARY 18TH 2010
Hai everybody,
Still Nifty was in struggle between 5242 - 5288. See past two trading days nifty trading history. Nifty is in confusion trend. Move up or down..?
Q3 results of some major scripts, were announced. All are positive as per expectation. But nify can't move upside. Why..?
Those results were only save our nifty from fall now. Otherwise, nifty would reach our target 5100 last friday, and 100+ fall also happend in nifty last friday.
Remember our quotes once again,
Not possible to 5350 now, and nifty will shown some correction before hitting 5350. 5169 was not enough..!!??
We shouted again and again, Nifty is in big hurdle at 5242, like as 5127.
Still we hope in our commend which one was, nifty will fall 100+ in one day. That way only nifty will reach our target 5100.
Our openchallenge still valid, as per ur own extension time limit. Already it hit 5176.10 @ 13th jan. Around 125 points profit.
Today nifty will shown to us, wat trend will happend in it for this week.
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IMPORTANT LEVELS :
Today nifty break and trade above last friday's high (5270.85), then zoom upto 5288 in min and try to reach 5303 level in next mins.
Today nifty break and trade below last friday's low (5242.45), then slide upto 5222 in min and try to reach 5204 level in next mins.
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TODAY'S TRADING LEVELS :
Today trade below 5242, then free fall upto 5222-5204.
Below 5204, then slide upto 5185.
Break and below 5185, then bloodbath upto 5150.
Above 5252, then quick trade upto 5274-5288.
Above 5288, then zoom upto 5303.
Above 5303, then step in upto 5311,5323 & 5248.
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TODAY'S HINTS :
Remember : U turn levels 5288-5320.
Already nifty took U turn from 5310 @ 8th Jan.
Given @ 6th Jan, Open challenge : If anyone get ready to go, Positional short today @ any point with strictly stoploss of 5335 for target 5100 within 10
Today nifty will try to escape from 5242 level.
Closing below 5242, trouble to bull upto 5150.
Closing above 5252, save bull in coming days.
Stoploss for Positional Traders,
For Long, keep stoploss 5135.
For Short, keep stoploss 5335.
So keep ur eyes on 5242 level again 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.
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