Monday, 8th February 2010

SATURDAY TRADE HISTORY :

NIFTY SPOT       : N/A as High and N/A as Low

NIFTY FUTURE : 4769.80 as High and 4725.00 as Low
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NIFTY ON 8TH FEBRUARY 2010

Hai everybody,

Once again nifty fall above 100 points in last friday due to global cues.  And trial trading session held on saturday, help to nifty for uptrend. Today it will continue or not..!!?? Let us wait and watch.

Still nifty is in down trend mode.

Closing below 4700 level, nifty will show 4600-4500 in coming days.

Closing above 4800 level, nifty will show 4900-5000 in coming days.

Range bound trade will be expected today.

Flat opening will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above 4780 level, then zoom upto 4800-4820 level in min and try to reach 4850 level in next mins.

Today nifty break and trade below 4680 level, then panic selling upto 4650 level in min and try to reach 4622-4604 level in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 4750, then zoom upto 4780.

Above 4780, then quick trade upto 4800-4820.

Above 4820, then fire upto 4850.

Below 4750, then slide upto 4722-4705.

Below 4705, then free fall upto 4677.

Below 4677, then bloodbath upto 4650.
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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 4750 level for 10-15 min, then panic selling upto 4700-4680 level.

If nifty trade above 4780 level for 10-15 min, then zoom upto 4800-4820 level.

Stop loss for Positional Nifty Players,

For Long, keep stoploss 4680.

For short, keep stoploss 4820.

So keep ur eyes on 4750 level today.

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

So trade carefully.

For positional call(s) and intraday call(s), log on http://www.subiuthra.blogspot.com/, and stay there during market session.
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TODAY BUY NIFTY FUTURE ABOVE 4780 FOR TARGET1

4800 TARGET2 4820 keep SL 4765


TODAY SELL NIFTY FUTURE BELOW 4750 FOR TARGET1

4725 TARGET2 4700 keep SL 4765

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SAFELY TRADING.