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MONDAY TRADE HISTORY :
NIFTY SPOT : 5907.35 as High and 5740.95 as Low
NIFTY FUTURE : 5924.70 as High and 5746.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS :
PIVOT 5804
RESISTANCE 1 5866 SUPPORT 1 5700
RESISTANCE 2 5970 SUPPORT 2 5637
RESISTANCE 3 6137 SUPPORT 3 5471
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NIFTY ON 11th JANUARY 2011
Hai everybody,
Last two days (last friday and yesterday) PANIC PANIC PANIC. May be correction over in nifty upto 10% from last week. And nifty is in oversold zone also. Now what next in nifty..?
Anytime bounce will be made in this week.
We bought nifty @ 5750 yesterday. But We will decide our stoploss and target today only. So wait and see.
Today is last hope for BULL is 5690.
Flat opening will be expected.
One side trade trade will be expected.
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IMPORTANT LEVELS :
Today nifty break and trade above yesterday's high (5907.35), then zoom upto 5920 levels in min and try to reach 5935-5950 levels in next mins.
Today nifty break and trade below last friday's low (5740.95) then slide upto 5724 level in min and try to reach 5706-5688 levels in next mins.
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TODAY'S TRADING LEVELS
Today nifty trade above 5782, then quick trade upto 5808-5828.
Above 5828, then zoom upto 5848-5866.
Above 5866, then fire upto 5886-5902.
Below 5746, then freefall upto 5724-5703.
Below 5703, then bloodpath upto 5686-5666.
Below 5666, then slide upto 5644-5624.
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TODAY'S HINTS :
Nifty is in dangerous zone for bull, if nifty close below 5690, then no more bull for this month.
Nifty closes above 5865 will give red light alert for bears, for closing their shorts.
May one possible nifty will close today +ve.
So keep ur eyes on 5735 and 5808 levels today.
Tip : Our levels are mentioned only Nifty spot, not Future.
So trade carefully.
SAFELY TRADING.
