Friday, 29th October 2010

THURSDAY TRADE HISTORY :

NIFTY SPOT       : 6071.10 as High and 5968.10 as Low

NIFTY FUTURE : 6122.60 as High and 6040.50 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 6009

RESISTANCE 1 6050                            SUPPORT 1 5947

RESISTANCE 2 6112                            SUPPORT 2 5906

RESISTANCE 3 6215                            SUPPORT 3 5803
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NIFTY ON 29th OCTOBER 2010

Hai everybody,

What a game in nifty yesterday?? Finally nifty try to break 5950, but it can't. Today we will watch 5950 level. If not break or close above 5980, then we will take fresh long for 6224 or 6284 with stoploss closing below 5950, only till DIWALI.

Gapdown opening will be expected.

Range bound trade will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above last yesterday's high (6071.10), then zoom upto 6090 levels in min and try to reach 6122-6144 levels in next mins.

Today nifty break and trade below last yesterday's low (5968.10) then slide upto 5950 level in min and try to reach 5935-5920 levels in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 6005, then quick fire upto 6020-6035.

Above 6035, then quick trade upto 6048-6067.

Above 6067, then zoom upto 6090-6102.

Above 6102, then fire upto 6122-6144.

Below 5980, then freefall upto 5965-5950.

Below 5950, then bloodpath upto 5935-5920.

Below 5920, then slide upto 5904-5888.

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TODAY'S HINTS :

May be nifty will open around 5970-5980.

May one possible nifty will close today as +ve.

So keep ur eyes on 6024 and 5950 levels today.

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

So trade carefully.

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TODAY BUY NIFTY FUTURE ABOVE 6091 FOR TARGET1

6106TARGET2 6121 keep SL 6076


TODAY SELL NIFTY FUTURE BELOW 6060 FOR TARGET1

6045 TARGET2 6030 keep SL 6075
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SAFELY TRADING.

For pre-market calls in nifty, banknifty and equities, log on http://www.subiuthra.blogspot.com/ and give ur comments about our pre-market calls. And today is the last day for free premarket calls.