NIFTY SPOT INTRADAY LEVELS FOR TRADING :: SL 5280(modified) :: BUY & SELL WEEKLY / MONTHLY LEVELS :: RESISTANCE & SUPPORT :: BEAR & BULL FEAR ZONE:: 20st JULY 2010::+469 (total unrealised nifty points)

INTRADAY NIFTY SPOT TRADING LEVELS

STRONG ABOVE 5380

SUSTAIN ABOVE 5493 TRG 5407 / 5420 / 5435

WEEK BELOW 5350

SUSTAIN BELOW 5337 TRG 5324 / 5310 / 5292

IF NIFTY SPOT SUSTAIN BELOW 5350 FOR 10-15 MINS CAN FALL UPTO 5320-5290

IF DIPS ::: USE DIPS FOR BUYING :: AVOID SHORTS

IF NIFTY SPOT MANAGE TO HOLD 5350-5345 LEVELS ON NIFTY INTRADAY BASIS

THEN AGAIN IT WILL BE THE DOUBLE BOTTOM FORMATION

LIKE LAST WE HAD BTW 5200-5210 AND RALLIED 5200>>>5455

THIS TIME ???? LETS SEE WHAT HAPPEN TODAY

Buy / Add nifty fut @spot levels btw 5300 - 5330 good buying zone

AVOID SHORTING IN MARKET .. NIFTY HEADING SOON TO HIT 5560-5580

REVERSAL SOON :: USE DIPS FOR BUYING SL 5280(modified) CLOSING BASIS NIFTY SPOT

AS BEFORE WE HAD 5200 THEN 5300 LEVELS WHERE NIFTY WAS NOT ABLE TO GIVE CLOSING ABOVE

THIS TIME IT 5400 :: DO YOU KNOW WHY ???? AS SAID EARILER ALSO

with time and moves eariler support becomes resistance and resistance become support
smart money need to have position a every levels to make a good move
binna maal ke na market gherti hai na charti hai
aur baaki sab bakwas ... like retracement & what so every etc etc
again repeat it all smart money moves with or without news flow

JUST REMEMBER OVERALL NIFTY BULLISH

USE DIPS FOR BUYING

KEY LEVEL FOR BULLS 5280

LAST LEG RALLY LEFTOUT

NIFTY LIKELY TO TOP NEAR 5560-5580
WE ARE EXPECTING THE SAME IN THIS MONTH ONLY I.E JULY 2010

LET'S WAIT AND WATCH , KEEP THE FINGER CROSS

:: ABNSTOCKS WAS THE ONE ONLY WHO TOLD TO BUY BTW 4870-4920
:: THEN FOR THOSE WHO DID NOT TOOK LONG AT ABOVE LEVEL
:: WE RECMD FOR POSITIONAL BUY NIFTY ON CLOSE ABOVE 5025 AND ADD HUGE QTY ABOVE 5156 (BREAKOUT LEVEL)
:: TWO DAYS CLOSE ABOVE 5156 TARGET 5285 (HIT) & 5455 (ALMOST HIT) HIGH OF 5453.15
:: WITH KEEPING JULY 2010 TARGETS INTACT @5500-5600
:: TODAY IT'S 21st JULY 2010 WE ARE JUST FEW MILES AWAY

As on closing 20th july 2010 unrealised points nifty fut from buying avg
NIFTY :: cmp - buying avg =  (5364 - 4895) = +469 X per lot without jobbing

EOD Resistance ::: 5385 / 5425 / 5455

EOD Support :::   5360 / 5330 / 5285 

::: Monthly Levels :::
close above 5045 trg 5302 / 5536
close below 4808 trg 4551/ 4320

::: Weeky Levels ::: sl 5399
close above 5448 trg  5502 / 5550
close below 5345 trg 5297 / 5244

Nifty Trading Range :: 5315 - 5425
Bear Fear Zone 5292 ::: Bull Fear Zone 5353
Bulls will have full control above 5353 and will fear the bears
Bears will have full control below 5292 and will fear the bulls

Nifty   50 day EMA :: 5242

Nifty 100 day EMA :: 5174
Nifty 200 day EMA :: 5005
NIFTY BULLISH / BUY ON DIPS TILL THE TIME 50 DAYS EMA SUSTAIN ABOVE 100 DAYS EMA
BULL MARKET WHEN 50 & 100 DAYS EMA SUSTAIN ABOVE 200 DAYS EMA
NIFTY BEARISH / SELL ON RISE TILL THE TIME 50 DAYS EMA SUSTAIN BELOW 100 DAYS EMA
BEAR MARKET WHEN 50 & 100 DAYS EMA SUSTAIN BELOW 200 DAYS EMA

TARGET1 OF 5285 HIT ON NIFTY SPOT ABOVE 5156
NEXT TARGET HIT OF 5455 ON 2DAYS CLOSE ABOVE 5330

Dt. 24-JUNE-2010 FRESH POSITIONAL BUY NIFTY FUT NIFTY SPOT CMP 5293

CARRYING FOR TRG's "BOTTOM FISHING"

TRG  5360 (HIT) / 5385 (HIT) / 5455 (HIT) / 5500 (PENDING)

All Above Spot Levels

SOON WE WILL BE LAUNCHING EXCLUSIVE SERVICE (INDEX / STOCKS) THRU OWN LIVE SMS SERVER
INSTEAD OF FREE SERVER PROVIDER'S (google / tagg / way2sms etc)
IT WILL BE FREE OF COST :: AS WE PROMISED EARILER ALSO ABNSTOCKS WILL NEVER GO PAID
WILL UPDATE MORE SOON ........... FEW DAYS TO GO

OM SHRI GANESHAYA NAMAH