Tuesday, 23rd November 2010


MONDAY TRADE HISTORY :

NIFTY SPOT       : 6020.25 as High and 5905.15 as Low

NIFTY FUTURE : 6027.30 as High and 5907.25 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5978

RESISTANCE 1 6052                            SUPPORT 1 5937

RESISTANCE 2 6094                            SUPPORT 2 5863

RESISTANCE 3 6209                            SUPPORT 3 5748
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NIFTY ON 23rd NOVEMBER 2010

Hai everybody,

Wow,, An expected bounce in nifty yesterday and closing above 6000 and also act as neutral now. Expiry will be very near, so nifty is in range bound. Now what next in nifty..?

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

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

One can be possible to nifty will test 5950 level again.

Gapdown 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 (6020.25), then zoom upto 6035 levels in min and try to reach 6050-6065 levels in next mins.

Today nifty break and trade below yesterday's low (5905.15) then slide upto 5886 level in min and try to reach 5864-5848 levels in next mins.
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TODAY'S TRADING LEVELS

Today nifty trade above 6005, then quick trade upto 6024-6046.

Above 6046, then zoom upto 6064-6090.

Above 6090, then fire upto 6104-6122.

Below 5985, then freefall upto 5965-5950.

Below 5848, then bloodpath upto 5935-5920.

Below 5920, then slide upto 5902-5886.
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TODAY'S HINTS :

If nifty breaks 5935 level today again, then we will see 5886 level again. May one possible to see 5848 also.

Nifty closes above 6050 only will possible for continue uptrend.

Two more consecutive closes below 5935, will be possible to see 5750 and 5500 level.

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

So keep ur eyes on 5935 and 6035 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.

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