Friday, 29th April 2011

Alert!!
News and News makers will be a key for market move. So trade with strictly stoploss

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THURSDAY TRADE HISTORY

NIFTY SPOT       : 5856.40 as High and 5776.95 as Low

NIFTY FUTURE : 5881.20 as High and 5803.10 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                        PIVOT 5806

RESISTANCE 1 5836                            SUPPORT 1 5756

RESISTANCE 2 5886                            SUPPORT 2 5727

RESISTANCE 3 5965                            SUPPORT 3 5647
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NIFTY ON 29th APRIL 2011

Hai everybody,

Yesterday, expiry day, a painful day for longers. But this pain will not valid to longers for longtime. May be next week this pain will back to shorters..!!??

Our yesterday's words : Today (thursday) nifty will close below 5783 level, then no more bull tomorow till 5693. Be alert longers. See yesterday's close, 5785.45, very near to 5783. Still bear's life valid for one day, today only, if today also close below 5783.

Today if nifty sustain with volume above 5805 level @ opening, then good bounce will be expected upto 5835/5865 levels.

Last hope for bear is 5965 and for bull is 5555 (closing basis) now.

Breaking 5900 changed as per trend, 5950 is good for bull and breaking 5750 changed as per trend, 5700 is good for bear. Let us wait and see.

Gap down opening will be expected.

Highly volatile trade will be expected.
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IMPORTANT LEVELS

Today nifty break and trade above yesterday's high (5856.40), then zoom upto 5872 levels in min and try to reach 5902-5920 levels in next mins.

Today nifty break and trade below yesterday's low (5776.95) then slide upto 5764 level in min and try to reach 5748-5727 levels in next mins.
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TODAY'S TRADING LEVELS

Today nifty trade above 5806, then quick trade upto 5821-5836.

Above 5836, then zoom upto 5861-5886.

Above 5886, then fire upto 5925-5965.

Above 5965, then no more bear for intra only.

Below 5781, then freefall upto 5756.

Below 5756, then bloodpath upto 5741-5727.

Below 5727, then slide upto 5687-5647.

Below 5647, then no more bull for intra only.
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TODAY'S HINTS

U turn levels : 5735 and 5820.

Two more consecutive closing above 5965 in nifty, will give boost to bull upto 6050-6100.

Two more consecutive closing below 5750 in nifty, will give boost to bear upto 5600-5500 levels.

BREAKOUT POINT for upward is 5850 and for downward is 5727. Be alert in above levels. If it is possible, a sharp fall or bounce will be made in nifty today.

May one possible nifty will close today as -ve.

So keep ur eyes on 5805 and 5750 levels today.

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

So trade carefully.

SAFELY TRADIING.

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