Monday, 11th January 2010

FRIDAY TRADE HISTORY :

NIFTY SPOT       : 5276.75 as High and 5234.70 as Low

NIFTY FUTURE : 5286.00 as High and 5236.40 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5252

RESISTANCE 1 5269                              SUPPORT 1 5227

RESISTANCE 2 5294                              SUPPORT 2 5210

RESISTANCE 3 5311                              SUPPORT 3 5185
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NIFTY ON 11TH JANUARY 2010

Hai everybody,

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

Break and trade below 5242, then market will come under bear control till, we can't mentioned the level, cos of some restriction. So u guess it.

If nifty close below 5242, then fall around 100 points will be expected in this week in one day.

Today closing above 5252, then some upmove will see in nifty this week, but not possible to 5350 now.

One may chance to break 5311 level, we will compulsory see 5350 in same day.
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IMPORTANT LEVELS :

Today nifty break and trade above friday's high (5276.75), then non-stop trade upto 5303 and try to reach and break 5311 level.

Today nifty break and trade below friday's low (5234.70), then slide upto 5218 and try to reach and break 5204 level.
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TODAY'S TRADING LEVELS :

Today 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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TODAY HINTS :

Remember : U turn levels 5288-5320.

Already nifty took U turn from 5310.

May be, Today nifty trade act as Neutral.

Mean, Today no big movement in nifty, will be expected.

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

Nifty hit 5236.40 as low in last friday.

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

Today closing above 5266, then some small upmove will be made in this week.

So keep ur eyes on 5242 level 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 5250 FOR TARGET1

5225 TARGET2 5200 keep SL 5265


TODAY BUY NIFTY FUTURE ABOVE 5265 FOR TARGET1

5285 TARGET2 5305 keep SL 5250

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SAFELY TRADING.