Friday, 3rd December 2010

THURSDAY TRADE HISTORY :

NIFTY SPOT       : 6029.50 as High and 5980.80 as Low

NIFTY FUTURE : 6038.90 as High and 5991.10 as Low

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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 6007

RESISTANCE 1 6034                            SUPPORT 1 5985

RESISTANCE 2 6056                            SUPPORT 2 5959

RESISTANCE 3 6105                            SUPPORT 3 5910

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NIFTY ON 3rd DECEMBER 2010

Hai everybody,

An expected good bounce (AROUND 100 POINTS), made in nifty on last wednesday as per our word. And also Nifty had a good sustain above 6000 level yesterday. All are very good news for longers, us too, cos we also in long. Now what next in nifty..?

Finally nifty will move towards 6500...!!!, but it meets more hurdle in its way, like 6122, 6227 and 6323. Now very special is 6027.

We bought nifty @ 5750 on 26th Dec 2010. Now we revised our stoploss from 5500 to 5750 (cost to cost) and our target is too long, 6500. So wait and see.

Alert : Anytime profit booking will be made in nifty. May be its upto 5935. And lost hope for bull is now 5920.

Gapup opening will be expected.

High volatile trade trade will be expected.

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IMPORTANT LEVELS :

Today nifty break and trade above yesterday's high (6029.50), then zoom upto 6046 levels in min and try to reach 6067-6088 levels in next mins.

Today nifty break and trade below yesterday's low (5980.80) then slide upto 5965 level in min and try to reach 5950-5935 levels in next mins.

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TODAY'S TRADING LEVELS

Today nifty trade above 6027, then quick trade upto 6046-6067.

Above 6067, then zoom upto 6088-6104.

Above 6102, then fire upto 6122-6144.

Below 6005, then freefall upto 5985-5965.

Below 5965, then bloodpath upto 5950-5935.

Below 5935, then slide upto 5920-5902.

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TODAY'S HINTS :

If today Nifty sustain above 6027, then last wednesday trade will be comeback, mean sharp bounce, upto 6090-6104 level.

If nifty closes above 6050 today, then nifty will touch easily 6100 level with two trading session.

Two more consecutive closing below 5935, then sharp correction will be appear in nifty, this time upto 5500.

May one possible nifty will close today ????.

So keep ur eyes on 5985 and 6027 levels today.

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

So trade carefully.

SAFELY TRADING.

NOTE : Anybody, us too, guess the trend of nifty by charts. But sometime, the trend deciding will be failed by NEWS AND NEWSMAKER. So watch everynews and trade with safe.