Tuesday, 5th 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.

MONDAY TRADE HISTORY

NIFTY SPOT       : 5918.70 as High and 5833.20 as Low

NIFTY FUTURE : 5955.30 as High and 5850.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                        PIVOT 5887

RESISTANCE 1 5940                            SUPPORT 1 5855

RESISTANCE 2 5972                            SUPPORT 2 5801

RESISTANCE 3 6058                            SUPPORT 3 5716
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NIFTY ON 5th APRIL 2011

Hai everybody,

Nifty adamant to not fall now..!!?? Once again bounce above 1% would be made in nifty yesterday. Now what next in nifty..??

Last hope for bear is 5935 and for bull is 5555 now. Breaking 5900 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.

Highly volatile trade will be expected.
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IMPORTANT LEVELS

Today nifty break and trade above yesterday's high (5918.70), then zoom upto 5935 levels in min and try to reach 5950-5965 levels in next mins.

Today nifty break and trade below last friday's low (5833.20) then slide upto 5820 level in min and try to reach 5805-5787 levels in next mins.
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TODAY'S TRADING LEVELS

Today nifty trade above 5887, then quick trade upto 5914-5940.

Above 5940, then zoom upto 5956-5972.

Above 5972, then fire upto 6015-6058.

Above 6058, then no more bear for intra only.

Below 5887, then freefall upto 5871-5855.

Below 5855, then bloodpath upto 5828-5801.

Below 5801, then slide upto 5759-5716.

Below 5716, then no more bull for intra only.
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TODAY'S HINTS

Two more consecutive closing above 5885 is good for bull and will give boost upto 5935/5982, may be continue upto 6080 too. Yesterday nifty gave first day close above 5885.

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 5935 and 5872 levels today.

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

So trade carefully.

SAFELY TRADING.

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