Tuesday, 19th October 2010

MONDAY TRADE HISTORY :

NIFTY SPOT       : 6095.00 as High and 5985.10 as Low

NIFTY FUTURE : 6136.00 as High and 6007.60 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 6052

RESISTANCE 1 6119                            SUPPORT 1 6009

RESISTANCE 2 6162                            SUPPORT 2 5942

RESISTANCE 3 6272                            SUPPORT 3 5832
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NIFTY ON 19th OCTOBER 2010

Hai everybody,

What a play in nifty yesterday? Once again nifty proves as

               'MARKET IS SUPREME'                    
and turn to +ve close as per our word. Thank u nifty.Now what next in nifty??

We told yesterday, "From today nifty can travel forward towards 5224 level. Another top will be formed in this week." Now nifty wants to close above 6090 today for confirmation of its upmoving.

Gapup opening will be expected.

One side trade will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above last friday's high (6095.00), then zoom upto 6122 levels in min and try to reach 6144-6268 levels in next mins.

Today nifty break and trade below last friday's low (5985.10) 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 6090, then quick trade upto 6122-6144.

Above 6144, then zoom upto 6162-6190.

Above 6190, then fire upto 6204-6224.

Below 6054 then bloodbath upto 6035-6020.

Below 6020 then slide upto 6004-5985.

Below 5985, then freefall upto 5965-5945.
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TODAY'S HINTS :

Our yesterday call, If nifty not possible to trade below 6050 for 10-15 min, then go long for minimum 6090 for intra and 6144 for btst with stoploss of 6035. Now hold with revised stoploss 6050 or cost to cost.

May be nifty will open around 6090-6100.

May one possible nifty will close today as +ve.

So keep ur eyes on 6090 and 6122 levels today.

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

So trade carefully.

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TODAY BUY NIFTY FUTURE ABOVE 6104 FOR TARGET1

6119 TARGET2 6134 keep SL 6089


TODAY SELL NIFTY FUTURE BELOW 6073 FOR TARGET1

6058 TARGET2 6043 keep SL 6088

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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.

What a nice play in nifty yesterday? Once again nifty prove as  everybody,