Monday, 29th November 2010

FRIDAY TRADE HISTORY :

NIFTY SPOT       : 5838.50 as High and 5690.35 as Low

NIFTY FUTURE : 5866.70 as High and 5727.00 as Low

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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5760

RESISTANCE 1 5830                            SUPPORT 1 5682

RESISTANCE 2 5908                            SUPPORT 2 5612

RESISTANCE 3 6057                            SUPPORT 3 5464

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NIFTY ON 29th NOVEMBER 2010

Hai everybody,

Last week PANIC PANIC PANIC. May be correction over in nifty upto 10% from diwali. And nifty is in oversold zone also. Now what next in nifty..?

 

Anytime bounce will be made in this week.

We bought nifty @ 5750 on last friday. But Our stoploss is too long, 5500 and target also, 6500. So wait and see.

Today is last hope for BULL is 5750.

Flat opening will be expected.

One side trade trade will be expected.

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IMPORTANT LEVELS :

Today nifty break and trade above last friday's high (5838.5), then zoom upto 5848 levels in min and try to reach 5866-5886 levels in next mins.

Today nifty break and trade below last friday's low (5690.35) then slide upto 5686 level in min and try to reach 5666-5644 levels in next mins.

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TODAY'S TRADING LEVELS

Today nifty trade above 5762, then quick trade upto 5780-5808.

Above 5808, then zoom upto 5828-5848.

Above 5848, then fire upto 5866-5886.

Below 5746, then freefall upto 5724-5703.

Below 5703, then bloodpath upto 5686-5666.

Below 5666, then slide upto 5644-5624.

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TODAY'S HINTS :

Nifty is in dangerous zone for bull, if nifty close below 5800 5750, then no more bull for this month.

 

We submit our appology for above type mistake on last friday.

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

May one possible nifty will close today +ve.

So keep ur eyes on 5735 and 5848 levels today.

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

So trade carefully.

SAFELY TRADING.