Thursday, 11th February 2010

WEDNESDAY TRADE HISTORY :

NIFTY SPOT       : 4821.90 as High and 4748.10 as Low

NIFTY FUTURE : 4823.70 as High and 4740.10 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 4775

RESISTANCE 1 4803                            SUPPORT 1 4729

RESISTANCE 2 4849                            SUPPORT 2 4701

RESISTANCE 3 4877                            SUPPORT 3 4655
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NIFTY ON 11TH FEBRUARY

Hai everybody,

What a unexpected reverse in nifty yesterday. Still nifty is in downtrend mode. Uptrend may continue only break of 4950 level.

Flat opening will be expected.

High volatile trade will be expected
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (4821.90), then zoom upto 4850 level in min and try to reach 4882 level in next mins.

Today nifty break and trade below yesterday's low (4748.10), then panic selling upto 4725-4700 levels in min and try to reach 4680 level in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 4750, then zoom upto 4785-4800.

Above 4800, then bounce upto 4820-4835.

Above 4850, then quick trade upto 4882-4902.

Below 4750, then slide upto 4722-4700.

Below 4700, then bloodbath upto 4680.

Below 4680, then panic selling upto 4650.
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TODAY'S HINTS :

Major 'U' turn level for BULL is 4750.

Major 'U' turn level for BEAR is 4950.

If nifty break and trade above 4850 level for 10-15 min, then zoom upto 4882-4902 levels within session.

If nifty break and trade below 4750 level for 10-15 min, then slide upto 4722-4700 levels within session.

May be once again nifty will close above 4785 level today.

So keep ur eyes on 4750 and 4785 levels today.

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

So trade carefully.

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TODAY BUY NIFTY FUTURE ABOVE 4750 FOR TARGET1

4785 TARGET2 4805 keep SL 4735


TODAY SELL NIFTY FUTURE BELOW 4835 FOR TARGET1

4800 TARGET2 4775 keep SL 4850

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SAFELY TRADING.