Wednesday, 27th 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.

 

TUESDAY TRADE HISTORY

 

NIFTY SPOT       : 5893.20 as High and 5791.55 as Low

 

NIFTY FUTURE : 5907.90 as High and 5393.45 as Low

--------------------------------------------------------------------------------

 

NIFTY PIVOT, RESISTANCES AND SUPPORTS

 

                                        PIVOT 5851

 

RESISTANCE 1 5911                            SUPPORT 1 5809

 

RESISTANCE 2 5953                            SUPPORT 2 5749

 

RESISTANCE 3 6054                            SUPPORT 3 5648

--------------------------------------------------------------------------------

 

NIFTY ON 27th APRIL 2011

 

Hai everybody,

 

What a miracle made in nifty future yesterday..!!?? Anybody see yesterday's nifty future low 5393.45. From that, nifty, what say with us..!!?? Is 5393 was, stoploss for longers or target for shorters in may series..!!?? Who know this..!!?? But we were taking that as target for may series..!!

 

Yesterday, nifty could give profit for longers and shorters. Now what next in nifty..?

 

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

 

Expected day's high in future upto 5935-5950 levels today @ opening session and from that level, expected fresh shorts will be build for may series too.

 

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.

 

Gapup opening will be expected.

 

Highly volatile trade will be expected.
-------------------------------------------------------------------------------

 

IMPORTANT LEVELS

 

Today nifty break and trade above yesterday's high (5893.20), then zoom upto 5902 levels in min and try to reach 5924-5950 levels in next mins.

 

Today nifty break and trade below yesterday's low (5791.55) then slide upto 5784 level in min and try to reach 5762-5746 levels in next mins.

--------------------------------------------------------------------------------

 

TODAY'S TRADING LEVELS

 

Today nifty trade above 5881, then quick trade upto 5911.

 

Above 5911, then zoom upto 5932-5953.

 

Above 5953, then fire upto 6004-6054.

 

Above 6054, then no more bear for intra only.

 

Below 5851, then freefall upto 5830-5809.

 

Below 5809, then bloodpath upto 5779-5749.

 

Below 5749, then slide upto 5699-5648.

 

Below 5648, then no more bull for intra only.
--------------------------------------------------------------------------------

 

TODAY'S HINTS

 

Two more consecutive closing above 5965 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.

 

BREAKOUT POINT for upward is 5935 and for downward is 5805. Be alert in above levels. If it is possible, 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 flat.

 

So keep ur eyes on 5844 and 5924 levels today.

 

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

 

So trade carefully.

 

SAFELY TRADING.