Wednesday, 17th February 2010

TUESDAY TRADE HISTORY :

NIFTY SPOT       : 4880.00 as High and 4791.35 as Low

NIFTY FUTURE : 4890.00 as High and 4788.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                         PIVOT 4842

RESISTANCE 1 4893                            SUPPORT 1 4804

RESISTANCE 2 4931                            SUPPORT 2 4753

RESISTANCE 3 4982                            SUPPORT 3 4716
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NIFTY ON 17TH FEBRUARY 2010

Hai everybody,

A good bounce made in nifty yesterday. Closing above 4850, gives a good sign for bull. But still nifty is in down trend mode. Above 4950 level only bull will safe. What next in nifty today..!!??

Gap up opening will be expected.

Range bound trade will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (4880.00), then zoom upto 4902 level in min and try to reach 4935 level in next mins.

Today nifty break and trade above yesterday's low (4791.35), then slide upto 4777 level in min and try to reach 4750 level in next mins.
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TODAY'S TRADING LEVELS :

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

Above 4902, then bounce upto 4935-4950.

Above 4950, then quick trade upto 4985-5005.

Below 4850, then bloodbath upto 4822-4800.

Below 4800, then slide upto 4780.

Below 4780, then freefall upto 4750.
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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 sustain above 4902 level for 10-15 min, then zoom upto 4935-4950 levels in same session.

If nifty sustain below 4850 level for 10-15 min, then slide upto 4822-4800 levels in same session.

May be nifty will close above 4882 level today.

So keep ur eyes on 4882 level today.

Tip : Our levels 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

4865 TARGET2 4840 keep SL 4905

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SAFELY TRADING.