Wednesday, 3rd February 2010

TUESDAY TRADE HISTORY :

NIFTY SPOT       : 4951.15 as High and 4814.10 as Low

NIFTY FUTURE : 4939.60 as High and 4807.05 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                        PIVOT 4865

RESISTANCE 1 4916                            SUPPORT 1 4779

RESISTANCE 2 5002                            SUPPORT 2 4728

RESISTANCE 3 5053                            SUPPORT 3 4642
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NIFTY ON 3RD FEBRUARY 2010

Hai everybody,

An unexpected fall made in nifty yesterday and not able to trade above 4950 level. Still nifty is in confusion trend and also be confused us. Nifty take more rest at 4850 level.

Alert : Anytime bounce will be balance in nifty, 100++ in one day. But when..? Let us wait and watch.

One side trade will be expected in nifty today.

May be gap up 30++ opening in nifty today.

From 28th Jan,

Buy Nifty Future in every dip, with revised (strictly) stoploss of 4795 4775, and wait for our Feb upper target 5200 and above before expiry.
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (4951.15), then zoom upto 4985 level in min and try to reach 5005 level in next mins.

Today nifty break and trade below yesterday's low (4814.10), then slide upto 4800 level in min and try to break 4780 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 :

If nifty open and trade above 4850 level for 15 min, then some upmove upto 4902 level will be expected in nifty today.

Nifty sustain below 4780 for 15 min then we might see 4700 and below in this week.

May be, nifty closing above 4885 level once again today.

So keep ur eyes on 4800 and 4850 levels today.

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

So trade carefully.

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TODAY BUY NIFTY FUTURE ABOVE 4850 FOR TARGET1

4875 TARGET2 4900 keep SL 4835


TODAY SELL NIFTY FUTURE BELOW 4835 FOR TARGET1

4810 TARGET2 4785 keep SL 4850

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SAFELY TRADING.

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