Alert!!
News and News makers will be a key for market move. So trade with strictly stoploss
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For script trade detail, visit http://www.subiuthra.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.
FRIDAY TRADE HISTORY
NIFTY SPOT : 5907.35 as High and 5806.45 as Low
NIFTY FUTURE : 5923.80 as High and 5820.70 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS
PIVOT 5846
RESISTANCE 1 5886 SUPPORT 1 5785
RESISTANCE 2 5947 SUPPORT 2 5745
RESISTANCE 3 6048 SUPPORT 3 5644
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NIFTY ON 18th APRIL 2011
Hai everybody,
Oh.. Our nifty, wat a game in last week. Everyone, either longers or shorters get profited in last week. And great opportunity for shorters to book profit. Now what next in nifty..?
Range bound (5700-5950) will be continue in this week.
Last hope for bear is 5950 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.
We booked 100 points in nifty for this month. Hereafter no trade in this month.
Gapup 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 (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 (5806.45) then slide upto 5784 level in min and try to reach 5766-5744 levels in next mins.
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TODAY'S TRADING LEVELS
Today nifty trade above 5846, then quick trade upto 5866-5886.
Above 5886, then zoom upto 5916-5947.
Above 5947, then fire upto 5997-6048.
Above 6048, then no more bear for intra only.
Below 5846, then freefall upto 5816-5785.
Below 5785, then bloodpath upto 5765-5745.
Below 5745, then slide upto 5695-5644.
Below 5644, then no more bull for intra only.
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TODAY'S HINTS
Two more consecutive closing above 5935 in nifty, will give boos to bull upto 6050-6100.
Two more consecutive closing below 5735 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 5902 and 5805 levels today.
Tip : Our levels are mentioned only Nifty spot, not Future.
So trade carefully.
SAFELY TRADING.
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