Monday, 1st November 2010

FRIDAY TRADE HISTORY :

NIFTY SPOT       : 6032.65 as High and 5937.10 as Low

NIFTY FUTURE : 6065.90 as High and 5966.25 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5996

RESISTANCE 1 6055                            SUPPORT 1 5959

RESISTANCE 2 6091                            SUPPORT 2 5900

RESISTANCE 3 6187                            SUPPORT 3 5805
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NIFTY ON 1st NOVEMBER 2010

Hai everybody,

An another game in nifty on last friday?? Nifty try to break 5950, and won that and hold above 6000 level.

Now we took long @ lower level on friday and wait till DIWALI for our targets with our strictly stoploss, as per our word on last friday.

May be today nifty will move upto 6122 level and closing with around 1.5-2%.

Flat opening will be expected.

One side trade will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above last yesterday's high (6032.65), then zoom upto 6067 levels in min and try to reach 6090-6122 levels in next mins.

Today nifty break and trade below last yesterday's low (5937.10) then slide upto 5920 level in min and try to reach 5904-5888 levels in next mins.
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TODAY'S TRADING LEVELS :
Today nifty trade above 6035, then quick trade upto 6048-6067.

Above 6067, then zoom upto 6090-6102.

Above 6102, then fire upto 6122-6144.

Below 6005, then freefall upto 5985-5965.

Below 5965, then bloodpath upto 5950-5935.

Below 5935, then slide upto 5920-5904.

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TODAY'S HINTS :
If Nifty will not go below 6000 today, then go long for 6100 with stoploss of 6000 in intra and for 6200/6250 positional for 2-3 days.

May one possible nifty will close today as +ve.

So keep ur eyes on 6005 and 6090 levels today.

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

So trade carefully.

SAFELY TRADING.