Friday, 8th April 2011

Alert!!

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

For daily banknifty levels, visit http://www.bankniftypulse.blogspot.com/ everyday.

For daily trading ideas, visit http://www.dailytradingidea.blogspot.com/ everyday.

For script trade detail, visit http://www.subiuthra.blogspot.com/ everyday.

THURSDAY TRADE HISTORY

NIFTY SPOT       : 5906.10 as High and 5866.25 as Low

NIFTY FUTURE : 5932.40 as High and 5881.25 as Low

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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                        PIVOT 5886

RESISTANCE 1 5906                            SUPPORT 1 5866

RESISTANCE 2 5926                            SUPPORT 2 5846

RESISTANCE 3 5966                            SUPPORT 3 5806

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NIFTY ON 8th APRIL 2011

Hai everybody,

Today,

CLIMAX DAY  OR  TREND DECIDING DAY

Finally yesterday, nifty closing around 5885 with neutral. Now what next in nifty..??

Today, nifty will move with favour of bull or bear..?? Who knows it..!!?

Our feel is bear week starting from today, and hope to touch 5820 today.

Last hope for bear is 5935 and for bull is 5555 now. Breaking 5900 changed as per trend, 5950 is good for bull and breaking 5750 is good for bear. Let us wait and see.

We sold nifty(april) @ 5900 on 31/03/2011. But Our stoploss is too long, 6090 and target also, 5600/5500 before expiry.

Gapdown opening will be expected.

One side trade will be expected.

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IMPORTANT LEVELS

Today nifty break and trade above yesterday's high (5906.10), then zoom upto 5920 levels in min and try to reach 5935-5950 levels in next mins.

Today nifty break and trade below yesterday's low (5866.25) then slide upto 5850 level in min and try to reach 5835-5820 levels in next mins.

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TODAY'S TRADING LEVELS

Today nifty trade above 5886, then quick trade upto 5896-5906.

Above 5906, then zoom upto 5916-5926.

Above 5926, then fire upto 5946-5966.

Above 5966, then no more bear for intra only.

Below 5886, then freefall upto 5876-5866.

Below 5866, then bloodpath upto 5856-5846.

Below 5846, then slide upto 5826-5806.

Below 5806, then no more bull for intra only.

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TODAY'S HINTS

If today nifty will close below 5780, then coming week will be a BEAR WEEK.

If today nifty will close above 5920, then coming week will be a BULL WEEK.

So today if nifty close above 5920, then we will close our short nifty with minimum loss.

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

May one possible nifty will close today as -ve.

So keep ur eyes on 5920 and 5850 levels today.

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

So trade carefully.

SAFELY TRADING.