Tuesday, 12th January 2010

MONDAY TRADE HISTORY :

NIFTY SPOT       : 5287.20 as High and 5240.90 as Low

NIFTY FUTURE : 5295.00 as High and 5248.15 as Low
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NIFTY PIVOT,  RESISTANCES AND SUPPORTS

                                        PIVOT 5259

RESISTANCE 1 5277                              SUPPORT 1 5231

RESISTANCE 2 5305                              SUPPORT 2 5212

RESISTANCE 3 5323                              SUPPORT 3 5184
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NIFTY ON 12TH JANUARY 2010

Hai everybody,

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

Also we told once again, Nifty break and trade below 5242, then market will come under bear control till, we can't mentioned the level, cos of some restriction. So guess it.

Yesterday nifty was in neutral mode. Once again it closed around 5250 level. Still it confused to decide its trend.

Still not possible for 5350 at this level. Before hitting 5350, nifty will show some correction.

May one chance to see 5200 level in nifty today.
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (5287.20), then non-stop trade upto 5303 and try to reach and break 5311 level.

Today nifty break and trade below yesterday's low (5240.90), then slide upto 5222 and try to reach and break 5204 level.
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TODAY TRADING LEVELS :

Today trade 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, last week.

May be, High volatile trade made in nifty today.

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 within 10 days.

Nifty hit 5236.40 as low in last friday.

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

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

So once again, 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.

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