Friday, 19th November 2010


THURSDAY TRADE HISTORY :

NIFTY SPOT       : 6076.20 as High and 5906.75 as Low

NIFTY FUTURE : 6057.00 as High and 5925.25 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5998

RESISTANCE 1 6081                            SUPPORT 1 5912

RESISTANCE 2 6163                            SUPPORT 2 5824

RESISTANCE 3 6333                            SUPPORT 3 5655
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NIFTY ON 19th NOVEMBER 2010

Hai everybody,

An unexpected fall in nifty yesterday, due to 2G. But finally good recovery made in nifty at closing. Now what next in nifty..?

Today also our eyes are on 6035 and 6088 levels. If nifty sustain above these levels for 15-20 min or close above these levels, then uptrend will continue till min 6224.

Already we had mint above 650 points in this month.

On 16th, We covered our short @ 6000 (future level), which one taken @ 6330 (future level) and again taken positional long @ 6000 (future level) for min 6200-6250 with revised stoploss of closing below 5950 (spot level)

Gapup opening will be expected.

One side trade will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (6076.20), then zoom upto 6090 levels in min and try to reach 6102-6122 levels in next mins.

Today nifty break and trade below yesterday's low (5906.75) then slide upto 5888 level in min and try to reach 5866-5848 levels in next mins.
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TODAY'S TRADING LEVELS :

Today nifty trade above 6005, then quick trade upto 6020-6035.

Above 6035, then zoom upto 6050-6065.

Above 6065, then fire upto 6086-6105.

Below 5965, then freefall upto 5950-5935.

Below 5935, then bloodpath upto 5920-5902.

Below 5902, then slide upto 5886-5864.
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TODAY'S HINTS :

If nifty closes below 5985 level today, then we will see 5902 level again. May one possible to see 5850 also.

If nifty closes abvoe 6035 or 6050, then next hurdle to nifty for upmove is 6122.

May one possible nifty will close today  +ve.

So keep ur eyes on 6035 and 6090 levels today.

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

So trade carefully.

SAFELY TRADING.

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