Thursday, 21st October 2010

WEDNESDAY TRADE HISTORY :

NIFTY SPOT       : 6038.95 as High and 5966.75 as Low

NIFTY FUTURE : 6076.80 as High and 5987.65 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5996

RESISTANCE 1 6024                            SUPPORT 1 5953

RESISTANCE 2 6067                            SUPPORT 2 5924

RESISTANCE 3 6138                            SUPPORT 3 5853
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NIFTY ON 21th OCTOBER 2010

Hai everybody,

Finally nifty closed below 6000. if nifty close below 6000 today also or breaking 5950, then selling pressure will be made upto 5850. But global cues are support to nifty to upmove today.

Anytime bounce will be expected in nifty. Two more closing above 6090, will be formed 6224 level. So trade carefully.

Gapup 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 (6038.10), then zoom upto 6065 levels in min and try to reach 6090-6122 levels in next mins.

Today nifty break and trade below last yesterday's low (5966.75) 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 6004, then quick trade upto 6020-6035.

Above 6050, then zoom upto 6065-6090.

Above 6090, then fire upto 6122-6144.

Below 5985, then freefall upto 5965-5945.

Below 5945, then bloodpath upto 5920-5902.

Below 5902, then slide upto 5880-5860.

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TODAY'S HINTS :

 If nifty not possible to trade below 5985 for 10-15 min, then go long for minimum 6035 for intra and 6090 for btst with stoploss of 5965.

May be nifty will open around 6020-6035.

May one possible nifty will close today as +ve.

So keep ur eyes on 5950 and 6090 levels today.

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

So trade carefully.

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TODAY BUY NIFTY FUTURE ABOVE 6039 FOR TARGET1

6054TARGET2 6069 keep SL 6024


TODAY SELL NIFTY FUTURE BELOW 6009 FOR TARGET1

5994 TARGET2 5979 keep SL 6024

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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.