Monday, 9th May 2011

Alert!!

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

FRIDAY TRADE HISTORY

NIFTY SPOT       : 5564.40 as High and 5472.45 as Low

NIFTY FUTURE : 5574.50 as High and 5468.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                       PIVOT 5529

RESISTANCE 1 5586                          SUPPORT 1 5494

RESISTANCE 2 5621                          SUPPORT 2 5437

RESISTANCE 3 5713                          SUPPORT 3 5346
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NIFTY ON 9th MAY 2011

Hai everybody,

After a bad and shockable week, we will back. What a great and unbeleivable fall over 400 points in a single week..!!. Now what next in nifty..!!??

Our mantra for this week : Sell on every rise till weekend.

Last hope for bear is 5785 and for bull is 5385 (closing basis) now.

Breaking 5750 is good for bull  till 5925 and breaking 5400 is good for bear till 5225 as per current trend. Let us wait and see.

Gapup opening will be expected.

Range bound trade will be expected.
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IMPORTANT LEVELS

Today nifty break and trade above last friday's high (5564.40), then zoom upto 5585 levels in min and try to reach 5606-5622 levels in next mins.

Today nifty break and trade below last friday's low (5472.45) then slide upto 5462 level in min and try to reach 5444-5428 levels in next mins.
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TODAY'S TRADING LEVELS

Today nifty trade above 5558, then quick trade upto 5586.

Above 5586, then zoom upto 5604-5621.

Above 5621, then fire upto 5667-5713.

Above 5713, then no more bear for intra only.

Below 5529, then freefall upto 5512-5494.

Below 5494, then bloodpath upto 5466-5437.

Below 5437, then slide upto 5392-5346.

Below 5346, then no more bull for intra only.
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TODAY'S HINTS

Two more consecutive closing above 5750 in nifty, will give boost to bull upto 5850-5950.

Two more consecutive closing below 5400 in nifty, will give boost to bear upto 5300-5200 levels.

May one possible nifty will close today as +ve.

So keep ur eyes on 5529 and 5586 levels today.

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

So trade carefully.

SAFELY TRADIING.

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