Tuesday, November 24, 2009

Trading ideas for Nov 24th

Dear viewers,

What good trade in nifty yesterday? Unbelivable and excellent trade. Now nifty in overbought mode. Then today also a day for bull..?

Today opening in morning with gapup and quick trade near 5150 level. Hereafter no more up level will be expected. A small chance to trade upto 5165 level only.

Then sharp fall will accur in nifty for hole day till 5065 level. Highly panic trade will be expected today. A small jerk will be at 5085 for sometimes, then will face to 5050 once again.

The sharp fall will starts around 12 to 12:30 PM.

So trade carefully.

Watch the below levels

5050/5085   5105   5135/5150

PREMARKET CALLS:

Buy Nifty 5070-5085 sl 5055 targets 5105/5120

Sell Nifty 5135-5150 sl 5165 targets 5115/5100

Buy RIL above 2200 sl 2190 targets 2220/2240

Sell RIL below 2200 sl 2210 targets 2180/2160

Buy SBIN above 2310 sl 2300 targets 2330/2350

Sell SBIN below 2310 sl 2320 targets 2290/2270

Buy DLF above 375 sl 370 targets 385/390

Sell DLF below 375 sl 380 targets 365/360

Our sharing place is in under designing process till 27th November. Sorry for inconvenience.

Happy trading.