Monday, 25th April 2011

Alert!!

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THURSDAY TRADE HISTORY

 

NIFTY SPOT       : 5912.90 as High and 5864.35 as Low

 

NIFTY FUTURE : 5931.65 as High and 5880.10 as Low

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NIFTY PIVOT, RESISTANCES AND SUPPORTS

 

                                        PIVOT 5887

 

RESISTANCE 1 5910                            SUPPORT 1 5862

 

RESISTANCE 2 5936                            SUPPORT 2 5839

 

RESISTANCE 3 5984                            SUPPORT 3 5790

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NIFTY ON 25th APRIL 2011

 

Hai everybody,

 

What a range bound trade in nifty on last thursday..!! After long leave, today nifty will be opened with gapup. On last thursday new shorts would be build around 5902-5927 for 5700, not by us. So be alert longers. Now what next in nifty..?

 

This week is expiry week. Expecting closing below 5900 in this expiry.

 

Alert!! Keep ur eyes on 5920 or 5936 today. May be high chance for profit booking at these 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.

 

We already booked 100 points in nifty for this month. Hereafter no trade in this month.

 

Gapup opening will be expected.

 

Highly volatile trade will be expected.
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IMPORTANT LEVELS

 

Today nifty break and trade above last thursday's high (5912.90), then zoom upto 5924 levels in min and try to reach 5936-5950 levels in next mins.

 

Today nifty break and trade below last thursday's low (5864.35) then slide upto 5848 level in min and try to reach 5824-5805 levels in next mins.

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TODAY'S TRADING LEVELS

 

Today nifty trade above 5887, then quick trade upto 5899-5910.

 

Above 5910, then zoom upto 5923-5936.

 

Above 5936, then fire upto 5960-5984.

 

Above 5984, then no more bear for intra only.

 

Below 5887, then freefall upto 5875-5862.

 

Below 5862, then bloodpath upto 5850-5839.

 

Below 5839, then slide upto 5814-5790.

 

Below 5790, then no more bull for intra only.
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TODAY'S HINTS

 

Two more consecutive closing above 5935 in nifty, will give boost to bull upto 6050-6100.

 

Two more consecutive closing below 5735 in nifty, will give boost to bear upto 5600-5500 levels.

 

Today BREAKOUT POINT for upward is 5950 and for downward is 5824. Be alert in above levels. May be a sharp fall or bounce will be made in nifty today.

 

If today nifty will be close above 5927, then nifty will give red alert to shorters. Be alert positional shorters.

 

May one possible nifty will close today as -ve.

 

So keep ur eyes on 5839 and 5936 levels today.

 

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

 

So trade carefully.

 

SAFELY TRADING.