Wednesday, 13th January 2010

TUESDAY TRADE HISTORY :

NIFTY SPOT       : 5300.50 as High and 5200.95 as Low

NIFTY FUTURE : 5285.00 as High and 5200.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5237

RESISTANCE 1 5273                              SUPPORT 1 5174

RESISTANCE 2 5336                              SUPPORT 2 5137

RESISTANCE 3 5373                              SUPPORT 3 5074
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NIFTY ON 13TH JANUARY 2010

Hai everybody,

Yesterday, we mentioned something, check yesterday's IMPORTANT LEVELS.

Also mentioned as "May one chance to see 5200 level today".

And also mentioned in yesterday, 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 hit 5200.95 as low.

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

Now nifty is in under full bear control, still trade above 5242.

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

And nifty will fall 100+ in one day will be expected in this week. It will happend today or tomorow or on friday also.

May be, expect to see the level 5150 in nifty today.
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IMPORTANT LEVES :

Today nifty break and trade above yesterday's high (5300.50), then quick trade upto 5311 and try to reach 5323 and break 5348 level.

Today nifty break and trade below yesterday's low (5200.95), then slide upto 5185 and try to reach and break 5150 level.
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TODAY'S TRADING LEVELS :

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

Above 5252, then quick trade upto 5288.

Above 5288, then zoom upto 5303.

Below 5204, then slide upto 5185.

Below 5185, then free fall upto 5165-5150.

Below 5135, then bloodbath upto 5102.

Break and trade below 5102, then quick fall upto 5080.
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TODAY'S HINTS :

Remember : U turn levels 5288-5320.

Already nifty took U turn from 5310 on last friday.

May be, Today one side movement will made in nifty.

Mean, Nifty will maintain the low or high at opening, for whole day. It doesn't break again. 

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 Future hit 5200.00 as low yesterday. Now revised the stoploss for above position from 5335 to 5300 (cost to cost).

Closing above 5252 only safe for bull in coming days.

But bear will try to kill bull till this weekend. So no more life to bull in this whole week.

Alert : Closing below 5185, will washout bull upto 5105 in coming days.

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, by log on http://www.subiuthra.blogspot.com/ , and stay there during market session.

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TODAY SELL NIFTY FUTURE BELOW 5200 FOR TARGET1

5175 TARGET2 5150 keep SL 5215


TODAY BUY NIFTY FUTURE ABOVE 5215 FOR TARGET1

5240 TARGET2 5265 keep SL 5200

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SAFELY TRADING.

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