Friday, 26th February 2010

THURSDAY TRADE HISTORY :

NIFTY SPOT       : 4880.15 as High and 4835.60 as Low

NIFTY FUTURE : 4881.00 as High and 4830.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                         PIVOT 4858

RESISTANCE 1 4881                                SUPPORT 1 4836

RESISTANCE 2 4903                                SUPPORT 2 4813

RESISTANCE 3 4925                                SUPPORT 3 4792
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NIFTY ON 26TH FEBRUARY 2010

Hai everybody,

Today UNION BUDGET DAY. So no update today. Sorry for inconvenience.
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (4880.15), then zoom upto 4902 level in min and try to reach 4935-4950 levels in next mins.

Today nifty break and trade below yesterday's low (4835.60), then slide upto 4800-4780 level in min and try to reach 4750 level in next mins.
---------------------------------------------------------------------------------TODAY'S TRADING LEVELS :

Today trade above 4850, then zoom upto 4882-4902.

Above 4902, then quick trade upto 4935-4950.

Above 4950, then bounce upto 4985-5005.

Below 4850, then bloodbath upto 4822-4800.

Below 4800, then slide upto 4780.

Below 4780, then panic selling upto 4750.

Below 4750, nobody can't save nifty....!!??
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TODAY'S HINTS :

Major 'U' turn level for bear is 4950.

Major 'U' turn level for bull is 4750.

Nifty is in neutral at 4850 now.

For positional traders, keep strictly stoploss as closing basics.

For long, below 4770.

For short, above 4920.

So keep ur eyes on 4800 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

4930 TARGET2 4955 keep SL 4885


TODAY SELL NIFTY FUTURE BELOW 4820 FOR TARGET1

4795 TARGET2 4770 keep SL 4835

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SAFELY TRADING.