Tuesday, 10th May 2011

Alert!!

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

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

MONDAY TRADE HISTORY

NIFTY SPOT       : 5586.05 as High and 5502.40 as Low

NIFTY FUTURE : 5584.10 as High and 5501.55 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                         PIVOT 5547

RESISTANCE 1 5591                             SUPPORT 1 5507

RESISTANCE 2 5630                             SUPPORT 2 5463

RESISTANCE 3 5714                             SUPPORT 3 5379
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NIFTY ON 10th MAY 2011

Hai everybody,

A expected silent trade made in nifty yesterday. Now what next in nifty..!!??

Some recovery will be possible today, may one close above 5590 too. If its done, then nifty will touch another 50-80 points (upto 5684) before weekend.

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.

Gapdown 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 (5586.05), then zoom upto 5606 levels in min and try to reach 5622-5642 levels in next mins.

Today nifty break and trade below yesterday's low (5502.40) then slide upto 5492 level in min and try to reach 5472-5444 levels in next mins.
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TODAY'S TRADING LEVELS

Today nifty trade above 5569, then quick trade upto 5591.

Above 5591, then zoom upto 5610-5630.

Above 5630, then fire upto 5672-5714.

Above 5714, then nifty will trap by bull for intra only.

Below 5547, then freefall upto 5527-5507.

Below 5507, then bloodpath upto 5485-5463.

Below 5463, then slide upto 5421-5379.

Below 5379, 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.

May one possible nifty will close today as +ve.

So keep ur eyes on 5529 and 5592 levels today.

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

So trade carefully.

SAFELY TRADIING.

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