Wednesday, 3rd 2010

TUESDAY TRADE HISTORY :

NIFTY SPOT       : 6138.10 as High and 6094.40 as Low

NIFTY FUTURE : 6174.00 as High and 6128.15 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 6117

RESISTANCE 1 6140                            SUPPORT 1 6096

RESISTANCE 2 6161                            SUPPORT 2 6073

RESISTANCE 3 6205                            SUPPORT 3 6030
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NIFTY ON 3rd NOVEMBER 2010

Hai everybody,

An expecting range bound trade  made in nifty yesterday, due to RBI'S CREDIT POLICY. Now what next in nifty?

And yesterday nifty failure to close above 6122. So no more big movement in nifty till DIWALI. May be today nifty will close above 6122. But close below 6090 is very danger to LONGERS.

Now we kept 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 6050.

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 (6138.10), then zoom upto 6144 levels in min and try to reach 6166-6187 levels in next mins.

Today nifty break and trade below last yesterday's low (6094.40) then slide upto 6067 level in min and try to reach 6048-6035 levels in next mins.
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TODAY'S TRADING LEVELS :

Today nifty trade above 6122, then quick trade upto 6144-6166.

Above 6166, then zoom upto 6187-6205.

Above 6205, then fire upto 6224.

Below 6090, then freefall upto 6065-6035.

Below 6035, then bloodpath upto 6020-6004.
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TODAY'S HINTS :

May one possible nifty will close today as +ve.

So keep ur eyes on 6122 and 6166 levels today.

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

So trade carefully.

SAFELY TRADING.