Wednesday, 13th October 2010

TUESDAY TRADE HISTORY :

NIFTY SPOT       : 6144.95 as High and 6057.95 as Low

NIFTY FUTURE : 6150.05 as High and 6083.00 as Low
--------------------------------------------------------------------------------

NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 6098

RESISTANCE 1 6137                            SUPPORT 1 6050

RESISTANCE 2 6184                            SUPPORT 2 6010

RESISTANCE 3 6271                            SUPPORT 3 5923
--------------------------------------------------------------------------------

NIFTY ON 13th OCTOBER 2010

Hai everybody,

After very long time, we meet u. How are u guys. Hope ur fine in markets!!!!

Yesterday, a panic selling made in nifty in mid-session And yesterday was the 1st closing below 6100 and if today also closing below 6100 level, then nifty towards 6000 and 5950.

Little Gapup opening will be expected.

Rangebound trade will be expected.
--------------------------------------------------------------------------------

IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (6144.95), then zoom upto 6165 levels in min and try to reach 6185-6205 levels in next mins.

Today nifty break and trade below yesterday's low (6057.95) then slide upto 6032 level in min and try to reach 6010-5990 levels in next mins.
--------------------------------------------------------------------------------

TODAY'S TRADING LEVELS :

Today trade above 6090, then quick trade upto 6105-6122.

Above 6122, then zoom upto 6144.

Below 6090 then bloodbath upto 6062.

Below 6062 then slide upto 6042-6026.

Below 6026, then freefall upto 5990.
--------------------------------------------------------------------------------

TODAY'S HINTS :

May one possible nifty will close today as flat.

So keep ur eyes on 6086 and 6136 levels today.

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

So trade carefully.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --

TODAY BUY NIFTY FUTURE ABOVE 6133 FOR TARGET1

6148 TARGET2 6163 keep SL 6118


TODAY SELL NIFTY FUTURE BELOW 6102 FOR TARGET1

6102 TARGET2 6087 keep SL 6117

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --

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.