Monday, 11th April 2011

Alert!!

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

For daily nifty levels, visit http://www.nifty50pulse.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.

FRIDAY TRADE HISTORY :

SPOT       : 11853.35 as High and 11632.55 as Low

FUTURE : 11889.90 as High and 11665.20 as Low

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BANKNIFTY PIVOT, RESISTANCES AND SUPPORTS :

                                        PIVOT 11720

RESISTANCE 1 11807                            SUPPORT 1 11586

RESISTANCE 2 11941                            SUPPORT 2 11499

RESISTANCE 3 12161                            SUPPORT 3 11278

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BANKNIFTY ON11th APRIL 2011

Hai everybody,

Banknifty ready to fall from today..!!?? Let us wait and see today.

Last hope for bear is 12100 and for bull is 11600 at this stage.

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TODAY'S TRADING LEVELS

Today banknifty trade above 11720, then quick trade upto 11633-11807.

Above 11807, then zoom upto 11874-11941.

Above 11941, then fire upto 12051-12161.

Below 11720, then freefall upto 11653-11586.

Below 11586, then bloodpath upto 11543-11499.

Below 11499, then slide upto 11389-11278.

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TODAY'S HINTS :

We initiated the short at 5/4/11, banknifty @ 11850 with sl of 12100 (spot level) above closing basis for min 500 points within 10 days frame.

If today banknifty will close below 11600, then next target 11300.

If today banknifty will clsoe above 11900, then next target 12200.

So keep ur eyes on 11800 and 11550 levels today also.

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

So trade carefully.

SAFELY TRADING.