Thursday, 4th November 2010

WEDNESDAY TRADE HISTORY :

NIFTY SPOT       : 6182.50 as High and 6146.80 as Low

NIFTY FUTURE : 6215.00 as High and 6176.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 6163

RESISTANCE 1 6180                            SUPPORT 1 6144

RESISTANCE 2 6199                            SUPPORT 2 6128

RESISTANCE 3 6235                            SUPPORT 3 6092
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NIFTY ON 4th NOVEMBER 2010

Hai everybody,

One more range bound trade  made in nifty yesterday, due to global cues. Now what next in nifty?

Finally nifty won to close above 6122. Now we will wait for our 1st target 6250. May be it will come today. If today nifty close below 6090 is very danger to LONGERS.

Now we kept our long, which one take @ lower level on friday and wait till DIWALI for our targets with our strictly stoploss, as per our word on last friday. Our strictly stoploss is revised to closing below 6090.

gapup opening will be expected.

high volatile trade will be expected.
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IMPORTANT LEVELS :

Today nifty break and trade above last yesterday's high (6182.5), then zoom upto 6205 levels in min and try to reach 6224-6247 levels in next mins.

Today nifty break and trade below last yesterday's low (6146.80) then slide upto 6122 level in min and try to reach 6104-6090 levels in next mins.
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TODAY'S TRADING LEVELS :

Today nifty trade above 6187, then quick trade upto 6205-6224.

Above 6224, then zoom upto 6147-6265.

Above 6265, then fire upto 6284.

Below 6144, then freefall upto 6122-6104.

Below 6104, then bloodpath upto 6090-6064.
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TODAY'S HINTS :

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

So keep ur eyes on 6144 and 6224 levels today.

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

So trade carefully.

SAFELY TRADING.