Tuesday, 16th March 2010

MONDAY TRADE HISTORY :

NIFTY SPOT       : 5151.05 as High and 5101.20 as Low

NIFTY FUTURE : 5135.25 as High and 5105.50 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5127

RESISTANCE 1 5152                             SUPPORT 1 5103

RESISTANCE 2 5176                             SUPPORT 2 5077

RESISTANCE 3 5202                             SUPPORT 3 5053
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NIFTY ON 16TH MARCH 2010

Hai everybody,

Yesterday nifty was staying at major hurdle of 5127. What next in nifty today..!!?? Today, Last chance for bull. Still nifty is not able to close above 5150 level. Is it possible today or close below 5104..!!??

From 4th march 2010, 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.

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 (5151.05), then zoom upto 5165 levels in min and try to reach 5185 levels in next mins.

Today nifty break and trade below friday's low (5101.20), then slide upto 5088 level in min and try to reach 5072-5050 levels in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 5127, bounce upto 5147.

Above 5147, then quick trade upto 5166-5185.

Above 5185, then zoom upto 5205.

Below 5127, then bloodbath upto 5104-5085.

Below 5085, then slide upto 5065-5050.

Below 5050, then free fall upto 5020-5005.
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TODAY'S HINTS :

If nifty sustain above 5127 level for 10-15 min, then zoom upto 5152 - 5177 levels in same session.

If nifty not able to trade or sustain above 5127 level, then retest 5104 - 5088 levels.

May one possible nifty will close today as -ve and close below 5100 also.

So keep ur eyes on 5104 and 5147 levels today.

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

So trade carefully.
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TODAY BUY NIFTY FUTURE ABOVE 5145 FOR TARGET1

5165 TARGET2 5185 keep SL 5130


TODAY SELL NIFTY FUTURE BELOW 5120 FOR TARGET1

5100 TARGET2 5080 keep SL 5135

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SAFELY TRADING.