Wednesday, 11th 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.

TUESDAY TRADE HISTORY

NIFTY SPOT       : 5592.90 as High and 5514.55 as Low

NIFTY FUTURE : 5605.00 as High and 5517.00 as Low
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NIFTY PIVOT, RESISTANCES AND SUPPORTS

                                        PIVOT 5550

RESISTANCE 1 5585                             SUPPORT 1 5506

RESISTANCE 2 5628                             SUPPORT 2 5471

RESISTANCE 3 5706                             SUPPORT 3 5393
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NIFTY ON 10th MAY 2011

Hai everybody,

An expected bounce would be happend in nifty yesterday, then panic selling also made in nifty yesterday in last session due to cabinet news. See our top of the topic, ALERT, in this top of blog, yesterday it should work. Now what next in nifty..!!??

Anybody saw, nifty would love 5555 level..!!!, (closing for last 3 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, with in 2 trading session.

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.

High volatile trade will be expected.
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IMPORTANT LEVELS

Today nifty break and trade above yesterday's high (5592.90), 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 (5514.55) 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 5550, then quick trade upto 5567-5585.

Above 5585, then zoom upto 5606-5628.

Above 5628, then fire upto 5667-5706.

Above 5706, then nifty will trap by bull for intra only.

Below 5540, then freefall upto 5528-5506.

Below 5506, then bloodpath upto 5489-5471.

Below 5471, then slide upto 5432-5393.

Below 5393, 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 5505 and 5592 levels today.

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

So trade carefully.

SAFELY TRADIING.

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