Tuesday, November 10, 2009

Trading ideas for Nov 10th

Dear viewers,

Finally Nifty won to cross 4865, rest at 4900. Current trend is in BULL TRAP. Dow makes 2009 high yesterday. But all are request to note, that's not a matter and our market only a leader to move the world market.

Opening around 4935 level. Quick trade near 4950. So the another hurdle resistance is 4950. If Nifty trade above 4950 with volumes, easy to take 4985 and 5005 levels.

But today above 4965 is difficult. Any time down movement will be expected in this week. So trade carefully.


MEMORABLE QUOTES:

Get fresh long with sl 4520 on 4th NOVEMBER

get fresh long with sl 4520 on 5th NOVEMBER

Above 3 continue closing above 4750, will take to 5000 on 6th NOVEMBER

check our older posts.


watch the below levels

4865/4890   4920   4935/4950



PREMARKET CALLS:

Buy nifty 4890-4900 sl 4875 targets 4935/4950

Sell nifty 4940-4950 sl 4965 targets 4905/4890

Buy RIL above 2030 sl 2220 targets 2050/2075

Sell RIL below 2220 sl 2030 targets 2000/1975

Buy DLF above 390 sl 385 targets 400/410

Sell DLF below 390 sl 395 targets 380/375

Stay with us in our sharing place (http://prabha6464.freeshoutbox.net/) for live calls at market session.

Happy trading.