Monday, 21st March 2011

FRIDAY TRADE HISTORY :

NIFTY SPOT       : 5483.05 as High and 5366.40 as Low

NIFTY FUTURE : 5502.20 as High and 5380.00 as Low

--------------------------------------------------------------------------------

NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5408

RESISTANCE 1 5449                            SUPPORT 1 5332

RESISTANCE 2 5524                            SUPPORT 2 5291

RESISTANCE 3 5641                            SUPPORT 3 5174

--------------------------------------------------------------------------------

NIFTY ON 21st MARCH 2011

Hai everybody,

What a range bound month this march was..!!?? Nifty can't break and trade above 5620 and can't break and trade below 5350. Today is it possible..!!?? breaking 5350..!!?? Let us wait and see.

Anytime bounce will be made in this week. We meant bounce as around 100-150 points. May it will be happend before weekend and its good to trade above 5650 level too.

We bought nifty @ 5390 on last friday. But Our stoploss is too long, 5200 and target also, 5600/5700 before expiry.

Gapup opening will be expected.

One side trade will be expected.

--------------------------------------------------------------------------------

IMPORTANT LEVELS :

Today nifty break and trade above last friday's high (5483.05), then zoom upto 5505 levels in min and try to reach 5535-5555 levels in next mins.

Today nifty break and trade below last friday's low (5366.40) then slide upto 5343 level in min and try to reach 5322-5303 levels in next mins.

--------------------------------------------------------------------------------

TODAY'S TRADING LEVELS

Today nifty trade above 5382, then quick trade upto 5402-5424.

Above 5424, then zoom upto 5444-5466.

Above 5466, then fire upto 5488-5505.

Below 5362, then freefall upto 5343-5322.

Below 5322, then bloodpath upto 5303-5286.

Below 5286, then slide upto 5268-5248.

--------------------------------------------------------------------------------

TODAY'S HINTS :

If today or tomorow nifty will cross 5550, then no more bear. Last hope for bear is 5555.

Two more consecutive close above 5555 in nifty, will give boost to bull upto 5650-5750 level.

May one possible nifty will close today as +ve.

So keep ur eyes on 5356 and 5418 levels today.

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

So trade carefully.

SAFELY TRADING.