Trading ideas for Nov 16th

Dear viewers,

Nifty spot once again won't to cross 5020 on friday (That is third try). I think, Nifty spot will ashamed on 5020 level to go up. Today is the last day for Nifty, try to cross 5035 level. Otherwise shorters (BEAR) are safe.

Opening around 5005-5015 will be expected. Very high chance to quick trade near 5020. If cross 5020 with volumes, will take 5035 and 5050 level. But today not possible to cross 5035. We will see 4820 once again very soon.

If failure to cross 5020 today at any session, may take to 4950 with in one hour.

Our memorable quote on 13th Nov:

Three continue closes below 5035, will take to 4750 in next 2-3 trading days.

So trade carefully.

Watch the below levels

4935/4965 5005 5035/5065

PREMARKET CALLS:

Buy nifty 4950-4965 sl 4935 targets 4985/5005

Sell nifty 5005-5020 sl 5035 targets 4985/4965

Buy RIL above 2120 sl 2110 targets 2140/2160

Sell RIL below 2120 sl 2130 targets 2100/2080

Buy SBIN above 2300 sl 2290 targets 2320/2340

Sell SBIN below 2290 sl 2300 tragets 2270/2250

Buy DLF above 370 sl 650 targets 380/385

Sell DLF below 365 sl 370 targets 355/350

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

Happy trading.