Tuesday, November 17, 2009

Trading ideas for Nov 17th

Dear viewers,

Finally Nifty sustain above 5050 and say BYE BYE to BEAR. Next Nifty spot once again take to 5135 level before coming FRIDAY. Now Market will be in BULL's hand till 5150 level.

Correction will be suspend by 5050 level. Above 5050, Bull will have more strength. When we will see bear, only below 4950. So wait and watch the market UP move for 3 days.

Opening around 5065-5085 will be expected. Very high chance to quick trade near 5100. If cross 5100 with volumes, will take 5115 and 5135 level. Hereafter no more possible to see 4950 level for coming 3 days.

If failure to cross 5100 today at any session, may take to 5065 with in one hour.

So trade carefully.

Watch the below levels


5035/5050   5085   5115/5135


PREMARKET CALLS:

Buy nifty 5050-5065 sl 5035 targets 5085/5115

Sell nifty 5105-5120 sl 5135 targets 5085/5065

Buy RIL above 2150 sl 2140 targets 2170/2190

Sell RIL below 2150 sl 2160 targets 2130/2110

Buy SBIN above 2340 sl 2330 targets 2360/2380

Sell SBIN below 2340 sl 2350 tragets 2320/2300

Buy DLF above 385 sl 380 targets 395/400

Sell DLF below 385 sl 390 targets 375/370

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

Happy trading.