WEDNESDAY TRADE HISTORY :
NIFTY SPOT : 5093.25 as High and 5015.10 as Low
NIFTY FUTURE : 5089.00 as High and 5024.85 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :
PIVOT 5065
RESISTANCE 1 5115 SUPPORT 1 5037
RESISTANCE 2 5143 SUPPORT 2 4987
RESISTANCE 3 5194 SUPPORT 3 4959
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NIFTY ON 4TH MARCH 2010
Hai everybody,
A third unexpected budget rally in nifty yesterday. And finally bull won the match and safe till 5127, the major hurdle point. Today bull will beat 5127..!!??
Short nifty on every rise, with strictly stoploss for short position to this expiry is 5150, above closing basis, for target 4800 and below before expiry.
May be long covering will be starts on tomorow onwards or around 5100 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 (5093.25), then zoom upto 5104 levels in min and try to reach 5127-5138 levels in next mins.
Today nifty break and trade below yesterday's low (5015.10), then slide upto 5005 level in min and try to reach 4985 level in next mins.
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TODAY'S TRADING LEVELS :
Today trade above 5088, then zoom upto 5104.
Above 5104, then bounce upto 5127-5138.
Above 5145, then quick trade upto 5166-5185.
Below 5088, then bloodbath upto 5065-5050.
Below 5050, then free fall upto 5020-5005.
Below 5005, then slide upto 4985-4950.
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TODAY'S HINTS :
If nifty sustain above 5104 level for 10-15 min, then zoom upto 5118 - 5127 levels in same session.
If nifty not able to trade or sustain above 5104 level, then retest 5065 - 5050 levels.
May one possible nifty will close today as -ve.
So keep ur eyes on 5104 and 5127 levels today.
Tip : Our levels are mentioned only Nifty spot, not Future.
So trade carefully.
For live nifty levels updates and free live calls, Log on http://www.subiuthra.blogspot.com/ and stay there during market session.
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TODAY BUY NIFTY FUTURE ABOVE 5105 FOR TARGET1
5125 TARGET2 5145 keep SL 5090
TODAY SELL NIFTY FUTURE BELOW 5080 FOR TARGET1
5060 TARGET2 5040 keep SL 5095
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SAFELY TRADING.
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