Tuesday, November 17, 2009

Trading ideas for Nov 18th

Dear viewers,

Once again Nifty spot heading above 5050. Three more continue closing above 5050 will take 5150 level with 1-2 days. Yesterday was 2nd day. Today..?

No more big movement in nifty today. Cos Market will be in neutral around 5050 level, downside support 5005 and upside resistance 5085. One more trade will be pending between 5005 to 5085 levels. Today it will be happend.

So keep ur eyes on the levels 5005 and 5085. One may, nifty trade above 5085 with volumes, will take easy to 5115 and 5135 levels with in hour. Other one may, nifty trade below 5005 with volumes, will take easy to 4985 and 4950 levels with in hour. So take care above the levels.

Opening will be flat or small quantity of -ve will be expected (around 5050-5065).

So trade carefully.

Watch the below levels

5005/5035    5065    5085/5115

PREMARKET CALLS:

Buy nifty 5050-5065 sl 5035 targets 5085/5115

Sell nifty 5085-5100 sl 5115 targets 5065/5035

Buy RIL above 2120 sl 2110 targets 2140/2160

Sell RIL below 2120 sl 2130 targets 2100/2080

Buy SBIN above 2340 sl 2330 targets 2360/2380

Sell SBIN below 2340 sl 2350 tragets 2320/2300

Buy DLF above 375 sl 370 targets 385/390

Sell DLF below 375 sl 380 targets 365/360

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