Wednesday, 3rd March 2010

TUESDAY TRADE HISTORY :

NIFTY SPOT       : 5029.45 as High and 4968.75 as Low

NIFTY FUTURE : 5034.70 as High and 4967.05 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                         PIVOT 5005

RESISTANCE 1 5041                            SUPPORT 1 4980

RESISTANCE 2 5065                            SUPPORT 2 4944

RESISTANCE 3 5102                            SUPPORT 3 4919
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NIFTY ON 3RD MARCH 2010

Hai everybody,

What a another unexpected budget rally in nifty yesterday. And finally bull won the match and safe till 5127, the major hurdle point.

May be long covering will be starts on coming friday onwards or around 5100 level.

Flat 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 (5029.45), then zoom upto 5035-5050 levels in min and try to reach 5065-5085 levels in next mins.

Today nifty break and trade below yesterday's low (4968.75), then slide upto 4950 level in min and try to reach 4922-4902 levels in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 5035, then zoom upto 5050-5065.

Above 5065, then bounce upto 5088-5104.

Above 5104, then quick trade upto 5127-5148.

Below 5035, then bloodbath upto 5005-4985.

Below 4985, then slide upto 4950-4935.

Below 4935, then free fall upto 4902-4882.
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TODAY'S HINTS :

If nifty sustain above 5050 level for 10-15 min, then zoom upto 5080-5110 level in same session.

If nifty not able to trade or sustain above 5050 level, then retest 5005 level.

May one possible nifty will close today as flat.

So keep ur eyes on 5005 and 5050 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 5065 FOR TARGET1

5085 TARGET2 5105 keep SL 5050


TODAY SELL NIFTY FUTURE BELOW 5050 FOR TARGET1

5025 TARGET2 5000 keep SL 5065

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SAFELY TRADING.