Thursday, 7th January 2010

WEDNESDAY TRADE HISTORY :

NIFTY SPOT       : 5310.85 as High and 5260.25 as Low

NIFTY FUTURE : 5303.25 as High and 5266.25 as Low
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NIFTY ON 7TH JANUARY 2010

Hai everybody,

Yesterday, we mentioned as "Today nifty break and trade above yesterday's high (5288.35), then non-stop trade upto 5303-5318, and try to reach 5348 level"

Also mentioned as "Remember : Note U turn levels 5288-5320", "Today Nifty will act as Neutral, no favour to bear and no favour to bull".

See Nifty cross 5288.35 and made high as 5310.85 yesterday and not break yesterday's low (5259.70), hit 5260.25 as low.

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

Recall our yesterday trading levels 5250-5320.

Nifty already hit 5310.85 yesterday and heading at 5281.80
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (5310.85), then non-stop trade upto 5323 and try to reach 5348 level.

Today nifty break and trade below yesterday's low (5260.25), then slide to 5242, and try to fall upto 5204 level.
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TODAY'S TRADING LEVELS :

Today above 5288, quick trade upto 5303.

Above 5303, zoom upto 5348.

Below 5288, slide upto 5268-5252.

Below 5252, bloodbath upto 5204.

Below 5204, free fall upto 5185.
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TODAY'S HINTS :

Remember : "U" turn levels 5288-5320.

High volatile trade will be expected.

Open Challenge : If any one ready to go, Positional short today @ any point with strictly stoploss 5335 for target 5100 and below within 10 days.

Alert : Today closing below 5242, then no more life for bull in coming week.

Three consecutive closes above 5250, will take nifty upto 5350-5500 levels.

Yesterday was 2nd day. Today is 3rd day or last day..?

May be, bear trend will start from today.

So keep ur eyes on 5288 level today.

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

So trade carefully.

For Postional 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 3010 FOR TARGET1

5285 TARGET2 5260 keep SL 5325


TODAY BUY NIFTY FUTURE ABOVE 5255 FOR TARGET1

5280 TARGET2 5305 keep SL 5240

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SAFELY TRADING.