Wednesday, 20th 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.

 

Due to net connection problem, we were unable to update our blogs yesterday. Sorry for inconvenience.

 

TUESDAY TRADE HISTORY

 

NIFTY SPOT       : 5762.95 as High and 5693.25 as Low

 

NIFTY FUTURE : 5781.95 as High and 5703.00 as Low

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NIFTY PIVOT, RESISTANCES AND SUPPORTS

 

                                        PIVOT 5732

 

RESISTANCE 1 5771                            SUPPORT 1 5702

 

RESISTANCE 2 5802                            SUPPORT 2 5663

 

RESISTANCE 3 5871                            SUPPORT 3 5594

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NIFTY ON 20th APRIL 2011

 

Hai everybody,

 

An unexpected fall occured on 18th april in nifty and rangebound trade would be made in nifty yesterday and close above 5735 level too. New longs could be build yesterday around 5720-5750 for 6000, not by us. So be alert shorters. Now what next in nifty..?

 

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

 

Expect bounce upto 5900 before this weekend, around 100 points in a single day.

 

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.

 

Flat 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 (5762.95), then zoom upto 5784 levels in min and try to reach 5805-5820 levels in next mins.

 

Today nifty break and trade below yesterday's low (5693.25) then slide upto 5682 level in min and try to reach 5668-5643 levels in next mins.

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TODAY'S TRADING LEVELS

 

Today nifty trade above 5752, then quick trade upto 5771.

 

Above 5771, then zoom upto 5786-5802.

 

Above 5802, then fire upto 5836-5871.

 

Above 5871, then no more bear for intra only.

 

Below 5732, then freefall upto 5717-5702.

 

Below 5702, then bloodpath upto 5683-5663.

 

Below 5663, then slide upto 5629-5594.

 

Below 5594, 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 above 5780 must for longers. Otherwise, if nifty today closing below 5750, then longers can put strictly stoploss for their longs, may stoploss will be 5685.

 

May one possible nifty will close today as +ve.

 

So keep ur eyes on 5725 and 5805 levels today.

 

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

 

So trade carefully.

 

SAFELY TRADING.