Friday, 19th February 2010

THURSDAY TRADE HISTORY :

NIFTY SPOT       : 4922.05 as High and 4873.70 as Low

NIFTY FUTURE : 4914.80 as High and 4973.05 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 4894

RESISTANCE 1 4915                            SUPPORT 1 4866 

RESISTANCE 2 4942                            SUPPORT 2 4846

RESISTANCE 3 4963                            SUPPORT 3 4818
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NIFTY ON 19TH FEBRUARY 2010

Hai everybody,

Still nifty is in downtrend mode. Possible only sustain above 4950, will help to bull. One more climax will show today by nifty.

Gapup opening will be expected.

Range bound trade will be expected between 4866-4915 levels.

In morning session nifty will surely show upto 4915 level. but sustain above 4915 level, for 10-15 then we might see 4930, 4940 and 4950 step by step.

Otherwise, nifty will rest at 4891 again and decide its further trend.

May be nifty will try to break yesterday's low also.
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (4922.05), then zoom upto 4935-4950 levels in min and try to reach 4985 level in next mins.

Today nifty break and trade below yesterday's low (4873.70), then slide upto 4850 level in min and try to reach 4822-4800 levels in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 4882, then zoom upto 4902.

Above 4902, then quick trade upto 4935-4950.

Above 4950, then bounce upto 4985-5005.

Below 4882, then freefall upto 4850.

Below 4850, then bloodbath upto 4822-4800.

Below 4800, then slide upto 4780.
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TODAY'S HINTS :

Major 'U' turn level for bear is 4950.

If nifty sustain above 4950 level for 10-15 min, then zoom upto 4985-5005 level in same session.

Close above 4950, then no more bear for coming days.

May be once again nifty will close above 4902 level today.

Keep strictly stoploss of 4950, closing basics, for short position.

So keep ur eyes on 4882 and 4902 levels today.

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

So trade carefully.

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TODAY BUY NIFTY FUTURE ABOVE 4905 FOR TARGET1

4925 TARGET2 4945 keep SL 4890


TODAY SELL NIFTY FUTURE BELOW 4890 FOR TARGET1

4870 TARGET2 4850 keep SL 4905

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SAFELY TRADING.