Wednesday, November 25, 2009

Trading ideas for Nov 25th

Dear viewers,

Once again nifty heading above 5085 level. Is this good sign for BULL? But global cues not support to BULL. Coming two days, only favour to BEAR. So Market will be in Bear trap today and tomorow.

Today opening in morning with gapdown and quick trade near 5065 level. Hereafter no more up level will be expected. A small chance to trade upto 5105 level only.

Then sharp fall will accur in nifty for hole day till 5005 level. A small jerk will be at 5035 for some minitues, then will face to 5050 once again. The sharp fall will be maintain for hole day.

So trade carefully.

Watch the below levels


5020/5035   5065   5085/5105

PREMARKET CALLS:

Buy Nifty 5020-5035 sl 5005 targets 5065/5080

Sell Nifty 5100-5085 sl 5115 targets 5065/5050

Buy RIL above 2180 sl 2170 targets 2200/2220

Sell RIL below 2170 sl 2180 targets 2150/2130

Buy SBIN above 2300 sl 2290 targets 2320/2340

Sell SBIN below 2300 sl 2310 targets 2280/2260

Buy DLF above 375 sl 370 targets 385/390

Sell DLF below 370 sl 375 targets 360/355

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Happy trading.