Wednesday, 6th 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.
 
TUESDAY TRADE HISTORY
 
NIFTY SPOT       : 5928.65 as High and 5855.85 as Low
 
NIFTY FUTURE : 6000.00 as High and 5871.65 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS
 
                                        PIVOT 5898
 
RESISTANCE 1 5941                            SUPPORT 1 5868
 
RESISTANCE 2 5971                            SUPPORT 2 5825
 
RESISTANCE 3 6044                            SUPPORT 3 5753
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NIFTY ON 6th APRIL 2011
 
Hai everybody,
 
Still, Nifty adamant to not fall now..!!?? And close as flat at end of volatile trade day. Anybody watch yesterday's future high, 6000. May be, it indicate as starting profit booking..!!??
 
Last hope for bear is 5935 and for bull is 5555 now. Breaking 5900 changed as per trend, 5950 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.
 
Gapup 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 (5928.65), 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 (5855.85) then slide upto 5837 level in min and try to reach 5820-5805 levels in next mins.
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TODAY'S TRADING LEVELS
 
Today nifty trade above 5919, then quick trade upto 5941-5956.
 
Above 5956, then zoom upto 5971-6007.
 
Above 6007, then fire upto 6044.
 
Above 6044, then no more bear for intra only.
 
Below 5898, then freefall upto 5883-5868.
 
Below 5868, then bloodpath upto 5847-5825.
 
Below 5825, then slide upto 5789-5753.
 
Below 5753, 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 second day close above 5885. If today also nifty close above 5885, then we will think about our short..!!??
 
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 5882 levels today.
 
Tip : Our levels are mentioned only Nifty spot, not Future.
 
So trade carefully.
 
SAFELY TRADING.

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