Wednesday, 6th January 2010

TUESDAY TRADE HISTORY :

NIFTY SPOT       : 5288.35 as High and 5259.70 as Low

NIFTY FUTURE : 5295.00 as High and 5263.05 as Low
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NIFTY ON 6TH JANUARY 2010

Hai everybody,

Yesterday we mentioned as "Today nifty break and trade above yesterday's high (5238.45), then nifty fire upto 5288 and try to cross 5300 level"

Also mentioned as "Nifty is in big hurdle at 5242 like as 5127 level. Breaching these level, May be, Fire works will continue upto 5350 levels in single day".

See Nifty cross 5238.45 and also breach 5242 then finally hit 5288.35 as day's high.

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

Closing above 5242, possible to 5350-5500 levels in coming days.

Closing below 5242, possible to 5150-5000 levels in coming day.

Now remember our yesterday's quote, Nifty will take "U" turn from 5288 today.

Nifty already hit 5288 yesterday and heading at 5277.
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IMPORTANT LEVELS :

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

Today nifty break and trade below yesterday's low (5259.70), 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 : Note "U" turn levels 5288-5320.

Today Nifty will act as Neutral, no favour to bear and no favour to bull.

Today trade between 5250-5320 levels, 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 1st day. Today is 2nd day..?

May be, bear trend will start from today or tomorow.

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 3000 FOR TARGET1

5275 TARGET2 5250 keep SL 5315


TODAY BUY NIFTY FUTURE ABOVE 5245 FOR TARGET1

5270 TARGET2 5295 keep SL 5230

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SAFELY TRADING.