Friday, 26th November 2010

THURSDAY TRADE HISTORY :

NIFTY SPOT       : 5907.10 as High and 5780.35 as Low

NIFTY FUTURE : 5941.05 as High and 5825.00 as Low

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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5829

RESISTANCE 1 5878                            SUPPORT 1 5732

RESISTANCE 2 5956                            SUPPORT 2 5702

RESISTANCE 3 6083                            SUPPORT 3 5576

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NIFTY ON 26th NOVEMBER 2010

Hai everybody,

Yesterday, we saw the expiry game in nifty and closing below 5800. Now what next in nifty..?

In this level, we think about long only, BUY ON EVERY DIP. But Our stoploss is too long, 5500 and long also, 6500. So wait and see.

Today is last hope for BULL is 5750.

Flat opening will be expected.

High volatile trade will be expected.

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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (5907.10), then zoom upto 5920 levels in min and try to reach 5935-5950 levels in next mins.

Today nifty break and trade below yesterday's low (5780.35) then slide upto 5762 level in min and try to reach 5746-5728 levels in next mins.

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TODAY'S TRADING LEVELS

Today nifty trade above 5808, then quick trade upto 5828-5848.

Above 5848, then zoom upto 5866-5886.

Above 5886, then fire upto 5902-5920.

Below 5780, then freefall upto 5762-5746.

Below 5746, then bloodpath upto 5724-5703.

Below 5703, then slide upto 5686-5666.

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TODAY'S HINTS :

Nifty is in dangerous zone for bull, if nifty close below 5800 once again, then no more bull for this month.

Nifty closes above 5850 will give red light alert for bears, for closing their shorts.

May one possible nifty will close today  flat or +ve.

So keep ur eyes on 5808 and 5848 levels today.

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

So trade carefully.

SAFELY TRADING.