Thursday, 14th October 2010

WEDNESDAY TRADE HISTORY :

NIFTY SPOT       : 6240.25 as High and 6089.75 as Low

NIFTY FUTURE : 6281.00 as High and 6118.65 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 6188

RESISTANCE 1 6286                            SUPPORT 1 6135

RESISTANCE 2 6338                            SUPPORT 2 6037

RESISTANCE 3 6489                            SUPPORT 3 5886
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NIFTY ON 14th OCTOBER 2010

Hai everybody,

What a great bounce in nifty yesterday!!?? Once again Market would prove as, MASTER. Now what next in nifty??

Today profit booking will be expected. And nifty give two more closing above 6282 level, then we will see NEW LIFE TIME HIGH in nifty in coming days.

Gapup opening will be expected.

Rangebound trade will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (6240.25), then zoom upto 6266 levels in min and try to reach 6288-6303 levels in next mins.

Today nifty break and trade below yesterday's low (6087.75) then slide upto 6062 level in min and try to reach 6044-6020 levels in next mins. (Its not possible today)
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TODAY'S TRADING LEVELS :

Today trade above 6250, then quick trade upto 6266-6288.

Above 6288, then zoom upto 6303.

Above 6303, then fire upto 6338.

Below 6220 then bloodbath upto 6204.

Below 6204 then slide upto 6182-6162.

Below 6162, then freefall upto 6144-6122.
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TODAY'S HINTS :

May be nifty will open around 6240-6250.

No more big movement in nifty today.

May one possible nifty will close today as +ve.

So keep ur eyes on 6254 and 6288 levels today.

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

So trade carefully.

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TODAY BUY NIFTY FUTURE ABOVE 6240 FOR TARGET1

6255 TARGET2 6270 keep SL 6225


TODAY SELL NIFTY FUTURE BELOW 6209 FOR TARGET1

6194 TARGET2 6179 keep SL 6224

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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.