Wednesday, 2nd June 2010

TUESDAY TRADE HISTORY :

NIFTY SPOT       : 5086.25 as High and 4961.05 as Low

NIFTY FUTURE : 5049.75 as High and 4933.50 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5005

RESISTANCE 1 5050                            SUPPORT 1 4925

RESISTANCE 2 5131                            SUPPORT 2 4880

RESISTANCE 3 5256                            SUPPORT 3 4755
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NIFTY ON 2ND JUNE 2010

Hai everybody,

Ysterday, a good fall made in nifty and heading at 4070. Still bull will have life. Bull will kill only nifty gives two more close below 4850. What next in nifty today..!!?? Today, Bear ruledout nifty and try close below 4950. Is it possible today or close below 4950..!!??

Call given on 31st May 2010, 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. Book partial profit @ 4950 and hold balance with revised Stoploss of above 5085 closing basic.
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IMPORTANT LEVELS :

Today nifty break and trade above friday's high (5086.25), then zoom upto 5102 levels in min and try to reach 5127 levels in next mins. Its not possible today.

Today nifty break and trade below friday's low (4961.05) then slide upto 4935 level in min and try to reach 4920-4902 levels in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 4965, bounce upto 4985.

Above 4985, then quick trade upto 5005-5025.

Above 5025, then zoom upto 5050.

Below 4965, then bloodbath upto 4950-4935.

Below 4935, then slide upto 4920-4902.

Below 4902, then free fall upto 4880-4850.
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TODAY'S HINTS :

May one possible nifty will close today as -ve.

So keep ur eyes on 4965 and 4935 level today.

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

So trade carefully.
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TODAY BUY NIFTY FUTURE ABOVE 5005 FOR TARGET1

5035 TARGET2 5055 keep SL 4990

TODAY SELL NIFTY FUTURE BELOW 4975 FOR TARGET1

4950 TARGET2 4925 keep SL 4990

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SAFELY TRADING.