Thursday, 21st 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.

WEDNESDAY TRADE HISTORY

 

NIFTY SPOT       : 5857.35 as High and 5759.65 as Low

NIFTY FUTURE : 5875.00 as High and 5767.25 as Low

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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                        PIVOT 5823

RESISTANCE 1 5886                            SUPPORT 1 5788

RESISTANCE 2 5921                            SUPPORT 2 5725

RESISTANCE 3 6018                            SUPPORT 3 5627

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NIFTY ON 21st APRIL 2011

Hai everybody,

An expected, only by us, bounce in nifty yesterday, close above 5850 level too. Today new shorts will be build around 5902-5927 for 5700, not by us. So be alert longers. Now what next in nifty..?

Range bound (5700-5950) will be continue in this week.

Alert!! Keep ur eyes on 5902 or 5927 today. May be high chance for profit booking at these levels.

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 already 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 yesterday's high (5857.35), then zoom upto 5866 levels in min and try to reach 5886-5902 levels in next mins.

Today nifty break and trade below yesterday's low (5759.65) then slide upto 5744 level in min and try to reach 5724-5704 levels in next mins.

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TODAY'S TRADING LEVELS

Today nifty trade above 5855, then quick trade upto 5886.

Above 5886, then zoom upto 5903-5921.

Above 5921, then fire upto 5969-6018.

Above 6018, then no more bear for intra only.

Below 5823, then freefall upto 5806-5788.

Below 5788, then bloodpath upto 5757-5725.

Below 5725, then slide upto 5676-5627.

Below 5627, 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 closing must be below 5820 must for shorters. Otherwise, if nifty today closing above 5935, then shorters can put strictly stoploss for their shorts, may stoploss will be 5965.

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 5824 and 5902 levels today.

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

So trade carefully.

SAFELY TRADING.