Monday, 31st May 2010

FRIDAY TRADE HISTORY :

NIFTY SPOT       : 5077.25 as High and 5017.45 as Low

NIFTY FUTURE : 5054.65 as High and 4996.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                       PIVOT 5053

RESISTANCE 1 5090                            SUPPORT 1 5030

RESISTANCE 2 5113                            SUPPORT 2 4993

RESISTANCE 3 5173                            SUPPORT 3 4934
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NIFTY ON 31ST MAY 2010

Hai everybody,

On last friday nifty was staying at major hurdle of 5065. What next in nifty today..!!?? Today, Last chance for bull. Is it possible today or close below 5102..!!??


Our Postional Short call for June, Sell nifty on every rise with hard stoploss of above 5127 closing basic for ultimate target 4700 and below before expiry.

Gapdown opening will be expected.

Range bound trade will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above friday's high (5077.25), then zoom upto 5102 levels in min and try to reach 5127 levels in next mins.

Today nifty break and trade below friday's low (5017.45) then slide upto 4985 level in min and try to reach 4950-4935 levels in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 5065, bounce upto 5084.

Above 5084, then quick trade upto 5102-5127.

Above 5127, then zoom upto 5150.

Below 5035, then bloodbath upto 5020-5005.

Below 5005, then slide upto 4985-4965.

Below 4965, then free fall upto 4965-4935.
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TODAY'S HINTS :

May one possible nifty will close today as -ve.



So keep ur eyes on 5005 level today. 

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

So trade carefully.

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TODAY BUY NIFTY FUTURE ABOVE 5035 FOR TARGET1

5060 TARGET2 5085 keep SL 5020

TODAY SELL NIFTY FUTURE BELOW 5020 FOR TARGET1


 4995 TARGET2 4970 keep SL 5035

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SAFELY TRADING.