Thursday, 25th November 2010

WEDNESDAY TRADE HISTORY :

NIFTY SPOT       : 5976.65 as High and 5833.60 as Low

NIFTY FUTURE : 5987.40 as High and 5835.00 as Low

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

NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5892

RESISTANCE 1 5950                            SUPPORT 1 5807

RESISTANCE 2 6035                            SUPPORT 2 5749

RESISTANCE 3 6178                            SUPPORT 3 5606

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

NIFTY ON 25th NOVEMBER 2010

Hai everybody,

Again and again a panic fall made in nifty yesterday also due to bank scam and once again closing below 5935. Today is expiry day. Now what next in nifty..?

Anything will be possible in this type of market, cos of  political problem and add now korean problem. So trade carefully with strictly stoploss. 

Any time bounce will be made in nifty today or tomorow.

Our positional nifty profit for this month was 600 points by three trade, two trade gave 650 points and last trade lose 50 points.

On tuesday, nifty fall upto 5800 by korean problem and recover upto 5935.

Yesterday nifty fall upto 5800 again by bank scam panic and recover upto 5865.

So still nifty is strong for buying and last two days fall meant by only news and giving opportunity for buying to upper target.

Nifty will try to close above 5935 level today.

Gapdown opening will be expected.

High volatile trade will be expected.

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

IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (5976.65), then zoom upto 5985 levels in min and try to reach 6005-6020 levels in next mins.

Today nifty break and trade below yesterday's low (5833.60) then slide upto 5808 level in min and try to reach 5787-5762 levels in next mins.

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

TODAY'S TRADING LEVELS

Today nifty trade above 5886, then quick trade upto 5902-5920.

Above 5920, then zoom upto 5935-5950.

Above 5950, then fire upto 5965-5985.

Below 5866, then freefall upto 5848-5828.

Below 5828, then bloodpath upto 5808-5787.

Below 5787, then slide upto 5762-5744.

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

TODAY'S HINTS :

Watch the level 5824, if break this level today, 5750 will be possible.

If nifty closes below 5800 today, then 5750 on card.

Nifty closes above 6050 only will possible for continue uptrend.

May one possible nifty will close today +ve.

So keep ur eyes on 5824 and 5902 levels today.

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

So trade carefully.

SAFELY TRADING.

Visit our http://www.bankniftypulse.blogspot.com/ for Bank nifty updates.