Thursday, November 19, 2009

Trading ideas for Nov 19th


Dear viewers,

Yesterday was the 3rd day, Nifty spot heading above 5050. We mentioned already, Three more continue closing above 5050 will take 5150 level with 1-2 days. Today will be favour to bull..?

Today, High volatile will be expected, above 100 points. In our view, today will be the last day for BULL. Last 3 days, market had failure to cross 5085. Today nifty will win to cross 5085 and easy to move towards 5135 level. If today nifty spot breakout 5005 at any session, seem upto 4950 will be possible.

Once again, 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 gap down of -ve will be expected (around 5020-5035).

So trade carefully.

Watch the below levels

5005/5035   5065   5085/5115


PREMARKET CALLS:

Buy nifty 5005-5020 sl 4990 targets 5035/5065

Sell nifty 5085-5100 sl 5115 targets 5065/5035

Buy RIL above 2100 sl 2090 targets 2120/2140

Sell RIL below 2100 sl 2110 targets 2080/2060

Buy SBIN above 2320 sl 2310 targets 2340/2360

Sell SBIN below 2320 sl 2330 tragets 2300/2280

Buy DLF above 380 sl 375 targets 390/395

Sell DLF below 380 sl 385 targets 370/365

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

Happy trading.