Tuesday, 26th October 2010

MONDAY TRADE HISTORY :

NIFTY SPOT       : 6151.30 as High and 6095.00 as Low

NIFTY FUTURE : 6180.00 as High and 6111.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 6117

RESISTANCE 1 6140                            SUPPORT 1 6083

RESISTANCE 2 6174                            SUPPORT 2 6061

RESISTANCE 3 6230                            SUPPORT 3 6005
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NIFTY ON 26th OCTOBER 2010

Hai everybody,

We were missing you for past 2 trading days. Sorry for inconvenience. Hope to give our updates regularly.

Yesterday nifty closed above 6100. if nifty close today also above  yesterday closing or 6122, then nifty confirm its uptrend till 6224 or 6284.

We were already mentioned, Anytime bounce will be expected in nifty. Two more closing above 6090, will be formed 6224 level.

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 (6151.30), then zoom upto 6167 levels in min and try to reach 6185-6205 levels in next mins.

Today nifty break and trade below last yesterday's low (6095.00) then slide upto 6065 level in min and try to reach 6050-6035 levels in next mins.
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TODAY'S TRADING LEVELS :

Today trade above 6122, then quick trade upto 6144-6165.

Above 6165, then zoom upto 6188-6204.

Above 6204, then fire upto 6204.

Below 6090, then freefall upto 6067-6048.

Below 6048, then bloodpath upto 6035-6020.

Below 6020, then slide upto 6005-5980.

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TODAY'S HINTS :

 If nifty not possible to trade below 6090 for 10-15 min, then go long for minimum 6122 for intra and 6165 for btst with stoploss of 6067.

May be nifty will open around 6115-6120.

May one possible nifty will close today as +ve.

So keep ur eyes on 6144 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 6158 FOR TARGET1

6173TARGET2 6188 keep SL 6143


TODAY SELL NIFTY FUTURE BELOW 6127 FOR TARGET1

6112 TARGET2 6097 keep SL 6142

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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.