Thursday, 21st January 2010

WEDNESDAY TRADE HISTORY :

NIFTY SPOT       : 5256.70 as High and 5201.40 as Low

NIFTY FUTURE : 5247.00 as High and 5195.05 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5226

RESISTANCE 1 5251                              SUPPORT 1 5196

RESISTANCE 2 5281                              SUPPORT 2 5171

RESISTANCE 3 5307                              SUPPORT 3 5141
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NIFTY ON 21ST JANUARY 2010

Hai everybody,

Once again, nifty leave 5242 level. But still nifty loves 5242. So beware from 5242.

Another expecting fall will made in nifty today..!!?? Wait for more fall. Still nifty is in down trend mode. More Q3 results will wait for Nifty moves.

Still we have hope in our target 5100 before expiry. If any one get risk, Hold our Open challenge short position with ur own time frame, and follow strictly stoploss of 5335.

Remember our quotes again and again,

Not possible for 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.

High volatile trade in nifty will be expected today.
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IMPORTANT LEVELS :

Today nifty will break and trade above yesterday's high (5256.70), then zoom upto 5288 in min and try to reach 5303 level in next mins.

Today nifty will break and trade below yesterday's low (5201.40), then slide upto 5185 in min and try to reach 5165-5150 levels in next mins.
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TODAY TRADING LEVELS :

Today trade above 5204, then zoom upto 5222-5242.

Above 5252, then quick trade upto 5272-5288.

Above 5288, then step to 5303 and 5311.

Below 5204, then slide upto 5185.

Below 5185, then bloodbath upto 5168-5150.
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TODAY'S HINTS :

Remember : U turn levels 5288-5320.

Already nifty took U turn from 5310 @ 8th Jan.

May be, Today, once again 5232 will see in Nifty.

Closing below 5192, then friday will become block.

Closing above 5225, bull will show 5288 on friday.

Stoploss for Positional traders,

For long, keep stoploss 5335. Breaking this level, we might see 5400-5500.

For short, keep stoploss 5135. Breaking this level, we might see 4950-4800.

So keep ur eyes on 5204 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 blog, by log on http://www.subiuthra.blogspot.com/ , and stay there during market session.

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TODAY SELL NIFTY FUTURE BELOW 5205 FOR TARGET1

5185 TARGET2 5165 keep SL 5220


TODAY BUY NIFTY FUTURE ABOVE 5220 FOR TARGET1

5245 TARGET2 5265 keep SL 5205

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SAFELY TRADING.