Tuesday, 26th April 2011

Alert!

 

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

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

 

Visit www.twitter.com/nifty50pulse for live updates and live calls during market hours.

 

MONDAY TRADE HISTORY

 

NIFTY SPOT       : 5909.60 as High and 5857.00 as Low

 

NIFTY FUTURE : 5925.00 as High and 5875.55 as Low

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NIFTY PIVOT, RESISTANCES AND SUPPORTS

 

                                        PIVOT 5880

 

RESISTANCE 1 5904                            SUPPORT 1 5851

 

RESISTANCE 2 5933                            SUPPORT 2 5828

 

RESISTANCE 3 5986                            SUPPORT 3 5775

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NIFTY ON 26th APRIL 2011

 

Hai everybody,

 

Too boring trade would be excuted by nifty yesterday due to shut down of major global markets. No body can't profit either long or short, expected by us. Now what next in nifty..?

 

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

 

Alert!! 100 points trading in single day either bounce or fall will be waiting before this weekend.

 

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.

 

Flat 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 (5909.60), then zoom upto 5920 levels in min and try to reach 5936-5950 levels in next mins.

 

Today nifty break and trade below yesterday's low (5857.00) then slide upto 5842 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 5880, then quick trade upto 5892-5904.

 

Above 5904, then zoom upto 5918-5933.

 

Above 5933, then fire upto 5959-5986.

 

Above 5986, then no more bear for intra only.

 

Below 5866, then freefall upto 5851.

 

Below 5851, then bloodpath upto 5839-5828.

 

Below 5828, then slide upto 5801-5775.

 

Below 5775, 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 5850 in nifty, will give boost to bear upto 5800-5700 levels.

 

Today BREAKOUT POINT for upward is 5935 and for downward is 5824. Be alert in above levels. If it is possible, May be a sharp fall or bounce will be made in nifty today.

 

If today nifty will be close above 5967, 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 5918 levels today.

 

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

 

So trade carefully.

 

SAFELY TRADING.