Wednesday, 23rd March 2011

TUESDAY TRADE HISTORY :

NIFTY SPOT       : 5428.15 as High and 5376.15 as Low

NIFTY FUTURE : 5448.60 as High and 5387.60 as Low

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NIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 5406

RESISTANCE 1 5436                            SUPPORT 1 5384

RESISTANCE 2 5458                            SUPPORT 2 5354

RESISTANCE 3 5510                            SUPPORT 3 5302

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NIFTY ON 23rd MARCH 2011

Hai everybody,

Yesterday good bounce made in nifty. But its will maintain for coming days..!!?? 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.

Flat opening will be expected.

Range bound trade will be expected.

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IMPORTANT LEVELS :

Today nifty break and trade above last friday's high (5428.15), then zoom upto 5444 levels in min and try to reach 5466-5482 levels in next mins.

Today nifty break and trade below last friday's low (5376.15) then slide upto 5362 level in min and try to reach 5343-5323 levels in next mins.

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TODAY'S TRADING LEVELS

Today nifty trade above 5424, then zoom upto 5444-5466.

Above 5466, then fire upto 5488-5505.

Below 5402, then slide upto 5382-5362

Below 5362, then freefall upto 5343-5322.

Below 5322, then bloodpath upto 5303-5286.

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TODAY'S HINTS :

If today nifty will be closed below 5400, then we will see more rangebound trading days.

 

Two more closing above 5450, then bull will have a power upto 5555, and will give boost to bull upto 5650-5750 level too.

 

May one possible nifty will close today as +ve or flat.

So keep ur eyes on 5395 and 5436 levels today.

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

So trade carefully.

SAFELY TRADING.