Friday, 5th February 2010

THURSDAY TRADE HISTORY :

NIFTY SPOT       : 4918.85 as High and 4832.35 as Low

NIFTY FUTURE : 4908.65 as High and 4824.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                         PIVOT 4865

RESISTANCE 1 4898                             SUPPORT 1 4812

RESISTANCE 2 4952                             SUPPORT 2 4779

RESISTANCE 3 4985                             SUPPORT 3 4725
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NIFTY ON 5TH FEBRUARY 2010

Hai everybody,

One more unexpected fall happend in nifty yesterday. And finally heading at 4850, hurdle point. Now what will happend in nifty today..!!??

Today will be a BLOCK FRIDAY..!!??. Let us wait and watch.

Alert : Another one more fall will be expected today, due to global cues.

High volatile trade will be expected.

Gap down 50-- opening will be expected.

From 28th Jan,

Buy nifty future in every dip, with revised (strictly) stoploss 4820 4750 (Nifty spot level), and wait for our Feb upper target 5200 and above before expiry.

Opss.. First time, our positional call triggered its stoploss in three months. Position closed on 5th Feb 2010.
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IMPORTANT LEVELS :

Today nifty break and trade below yesterday's low (4832.35), then  slide upto 4820-4800 level in min and try to break 4780 level in next mins.

Today nifty break and trade above yesterday's high (4918.85), then zoom upto 4935-4950 level in min and try to reach 4985 level in next mins.
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TODAY'S TRADING LEVELS :

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

Above 4902, then quick trade upto 4935-4950.

Above 4950, then step upto 4985-5005.

Below 4820, then slide upto 4800-4780.

Below 4780, then free fall upto 4750.

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

Major 'U' turn level for BULL is 4750.

Breaking below 4750, then no more bull.

If nifty trade below 4780 level for 10-15 min, then free fall will made in nifty upot 4750 level.

If nifty trade above 4850 level for 10-15 min, then zoom upto 4882-4902 level.

Alert : Breaking and trade below 4750, then we might see 4700-4650 level in coming days.

May be, nifty will be close above 4800 level.

So keep ur eyes on 4780 level today.

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

So trade carefully.

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TODAY SELL NIFTY FUTURE BELOW 4835 FOR TARGET1

4810 TARGET2 4785 keep SL 4850


TODAY BUY NIFTY FUTURE ABOVE 4780 FOR TARGET1

4805 TARGET2 4830 keep SL 4765

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SAFELY TRADING.

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