Monday, 12th July 2010


We are back, cos somebody, our well wishers, ordered and advised us as "Everything happend in market, so why to stop ur service suddenly? so continue ur update immediat." So we respect to them and back to update. But still our exiting level 5555 is in live and our target 4444 also.

FRIDAY TRADE HISTORY :

NIFTY SPOT       : 5359.60 as High and 5296.85 as Low

NIFTY FUTURE : 5367.50 as High and 5325.50 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5336

RESISTANCE 1 5375                             SUPPORT 1 5313

RESISTANCE 2 5399                             SUPPORT 2 5273

RESISTANCE 3 5461                             SUPPORT 3 5210
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NIFTY ON 12th JULY 2010

Hai everybody,

Last week, Nifty was trading with range bound 5200-5400. Now, What next in nifty today..!!?

Still nifty can't decide its trend. So wait for a day or 2 days for correct trend.

Today or tomorow will be very important to nifty for deciding its trend up or down. So Be alert longers and shorters.

Small gapup or flat opening will be expected.

Range bound trade will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above last friday's high (5359.60), then zoom upto 5380-5404 levels in min and try to reach 5420-5435 levels in next mins.

Today nifty break and trade below last friday's low (5296.85) then slide upto 5275 level in min and try to reach 5244-5220 levels in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 5350, bounce upto 5380.

Above 5380, then quick trade upto 5404-5420.

Above 5420, then zoom upto 5434-5464.

Below 5350 then bloodbath upto 5330-5305.

Below 5305, then slide upto 5280.

Below 5280, then free fall upto 5250.
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TODAY'S HINTS :

For intraday players,

Today 5336 and Last friday's high 5359.60 are very important points. If nifty will trade above these level for 15-20 min, then we will surely see 5380 and 5400 and we will recommended only long in nifty for intraday with stoploss of 5350.

Otherwise, Nifty not able to cross or trade above 5380 for 15-20 min in morning session, then Long covering will occur and nifty ready to slide. So go short in nifty for intraday with sl of 5395.

For positional players,

Today sell on everyrise with hardly stoploss of above 5400 closing basics.

And Longers also keep stoploss of below 5325 closing basics.

May one possible nifty will close today as -ve.

So keep ur eyes on 5335 and 5380 level today.

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

So trade carefully.

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TODAY BUY NIFTY FUTURE ABOVE 5350 FOR TARGET1

5370 TARGET2 5390 keep SL 5335


TODAY SELL NIFTY FUTURE BELOW 5320 FOR TARGET1

5300 TARGET2 5280 keep SL 5335

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SAFELY TRADING.

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