Friday 28-11-2008

Nifty Trader

Previous Close - 2752.25

Pivot - 2719

Supports - 2675, 2600, 2555

Resistances - 2795, 2840, 2915

Expect a negative gap down opening of -50 points

NIFTY 26-11-2008 EOD

2670-2680 Zone will act as a resistance. If that is breached then next upmove can be upto 2770-2780. 2500 is a strong support

Wednesday 26-11-2008

Nifty Trader

Previous Close - 2654

Pivot - 2694

Supports - 2600, 2540, 2444

Resistances - 2750, 2845, 2900

Expect a positive gap up opening of +30 points

Monday 25-11-2008

Nifty Trader

Previous Close - 2708.25

Pivot - 2694

Supports - 2650, 2580, 2540

Resistances - 2755, 2800, 2860

Expect a positive gap up opening of +100 points

Monday 24-11-2008

Nifty Trader

Previous Close - 2693.45

Pivot - 2651

Supports - 2585, 2475, 2400

Resistances - 2760, 2830, 2940

Expect a flat opening with negative bias

Friday 21-11-2008

Nifty Trader

Previous Close - 2553.15

Pivot - 2563

Supports - 2495, 2430, 2360

Resistances - 2626, 2695, 2755

Expect a gap down negative opening of -30 points

Nifty Trader

Previous Close - 2683.15

Pivot - 2717

Supports - 2630, 2575, 2495

Resistances - 2770, 2855, 2905

Expect a flat opening with positive bias

Tuesday 18-11-2008

Nifty Trader

Previous Close- 2799.55

Pivot- 2777

Supports- 2715, 2635, 2575

Resistances- 2860, 2920, 3000

Expect a flat to negative opening

Monday 17-11-2008

Nifty Trader

Previous Close - 2810.35

Pivot - 2843

Supports - 2750, 2680, 2585

Resistances - 2905, 3000, 3065

Expect a flat opening with initially negative bias

Friday 14-11-2008

Nifty Trader

Previous Close - 2848.45

Pivot - 2873

Supports - 2775, 2690, 2590

Resistances - 2950, 3050, 3131

Expect a flat opening with initially negative bias

Wednesday 12-11-2008

Nifty Trader

Previous Close - 2938.65

Pivot - 3002

Supports - 2855, 2775, 2630

Resistances - 3085, 3230, 3310

Expect a flat to slightly negative opening

Nifty 11-11-08

NIFTY 11-11-08 EOD chart. Watch out for the supports and resistances and trade accordingly

Tueasday 11-11-08

Nifty Trader

Previous Close - 3148.25

Pivot - 3094

Supports - 3025, 2905, 2840

Resistances - 3215, 3280, 3400

Expect a negative gap down open of -35-40 points near pivot level

Monday 10-11-2008

Nifty Trader

Previous Close - 2973

Pivot - 2948

Supports - 2885, 2800, 2735

Resistances - 3035, 3100, 3185

Expect a positive gap up opening of at least +55-60 points

NIFTY 07-11-08 EOD

Levels to be watched for in the coming week

Thursday 06-11-2008

Nifty Trader

Previous Close- 2994.95

Pivot- 3069

Supports- 2900, 2800, 2625

Resistance- 3165, 3333, 3434

Nifty 05-11-2008 EOD

Nifty tried but could not hold above our levels and came down. Now the big question is will we retest recent lows ?

Wednesday 05-11-2008

Nifty Trader

Previous close- 3142.1

Pivot- 3093

Resistances- 3200, 3260, 3365

Supports- 3030, 2925, 2865

Expect a positive gap up open of +90 points

Nifty 04-11-2008 EOD

Closing has come exactly below the levels we gave yesterday

Nifty EOD 03-11-2008

If Nifty is unable to break 3160-3175 zone... One can go short again. Will break or will not break is the big question

Monday 03-11-2008

Nifty Trader

Previous Close - 2885.60

Pivot - 2834

Supports - 2750, 2610, 2525

Resistances - 2975, 3060, 3200

Expect a positive gap up open of +80 points