Thursday, 12th May 2011

Alert!!

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

Visit www.subiuthra.blogspot.com for last day call performance.

WEDNESDAY TRADE HISTORY

NIFTY SPOT       : 5574.40 as High and 5525.00 as Low

NIFTY FUTURE : 5577.90 as High and 5523.50 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                       PIVOT 5555

RESISTANCE 1 5585                            SUPPORT 1 5535

RESISTANCE 2 5604                            SUPPORT 2 5505

RESISTANCE 3 5654                            SUPPORT 3 5456
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NIFTY ON 10th MAY 2011

Hai everybody,

A range bound and quite trade would be happend in nifty yesterday. Now what next in nifty..!!??

Anybody saw, nifty would love 5555 level..!!!, (closing for last 4 days around this level) which one we already indicate hope for bull (closing basis).

Still we will fully confident to recover nifty upto 5650-5684 before this weekend, today is last day. From tomorow who will trap nifty, bear or bull..!!?? GUESS.

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.

One side trade will be expected.
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IMPORTANT LEVELS

Today nifty break and trade above yesterday's high (5574.40), then zoom upto 5592 levels in min and try to reach 5606-5622 levels in next mins.

Today nifty break and trade below yesterday's low (5525.00) then slide upto 5505 level in min and try to reach 5492-5472 levels in next mins.
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TODAY'S TRADING LEVELS

Today nifty trade above 5570, then quick trade upto 5585.

Above 5585, then zoom upto 5594-5604.

Above 5604, then fire upto 5629-5654.

Above 5654, then nifty will trap by bull for intra only.

Below 5555, then freefall upto 5545-5535.

Below 5535, then bloodpath upto 5520-5505.

Below 5505, then slide upto 5481-5456.

Below 5456, then nifty will trap by bear 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.

Expected today, nifty will meet 5624-5644 levels, if cross 5592 level with volumes.

May one possible nifty will close today as +ve.

So keep ur eyes on 5555 and 5592 levels today.

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

So trade carefully.

SAFELY TRADIING.

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