Trading Levels For 09/01/2010

Trading levels for September 1, 2010.

Nifty Trading Levels:

Above 5408, Resistances @ 5421/5435/5443/5457.

Below 5399, Supports @ 5386/5372/5364/5350.

Trading Levels for 08/30/2010

Trading Levels for August 30,2010.(Monday)

Nifty Trading Levels:

Above 5423, Resistances @ 5444/5465/5479/5500.

Below 5409, Supports @ 5387/5366/5353/5331

Trading Levels for 08/26/2010

Trading Levels For August 26,2010.

Nifty Trading Level:

Above 5473, Resistances @ 5482/5492/5498/5508.

Below 5466, Supports @ 5457/5446/5441/5431.

Trading Levels for 08/25/2010

Trading Levels for August 25,2010.( Wednesday)

Nifty Trading Levels:

Above 5515, Resistances @5528/5543/5551/5566.

Below 5505, Supports @ 5492/5478/5469/5455.

Trading Levels for 08/24/2010

Trading Levels for August 24,2010.

Nifty Trading Levels:

Above 5539, Resistances @ 5545/5552/5556/5562.

Below 5534, Supports @ 5528/5522/5517/5511.

Trading Levels For 08/19/2010

Trading Levels For August 19,2010 ( Thursday)

Nifty Trading Levels:

Above 5489, Resistances @ 5506/5524/5535/5553.

Below 5477, Supports @ 5460/5442/5431/5413.

Trading Levels For 08/18/2010

Trading Levels for August 18,2010.( Wednesday)

Nifty Trading Levels :


Above 5428, Resistances @ 5435/5443/5448/5456.


Below 5422, Supports @ 5415/5407/5401/5394.

Trading Levels For 08/17/2010

Trading Levels for August 17,2010. (Tuesday)

Nifty Future Levels:

Above 5424, Resistances @ 5442/5461/5473/5492.

Below 5411, Supports @ 5393/5374/5362/5343.


Nifty spot closed @ 5418.30 and future closed @ 5417.45 with a discount of 1 point. As said Nifty future after closing below 5442, nifty took support around 5410. With volume building around 5410, nifty has a good support @ 5372, any cross below this level would bring more panic and will close around 5340 mark. Again with world markets being choppy, buying @ supports and selling around resistances has yeilded more profits.

Trading Levels For 08/16/2010

Trading Levels for August 16,2010. (Monday)

Nifty Trading Levels:



Above 5461, Resistances @ 5474/5488/5497/5510.



Below 5452, Supports @ 5439/5424/5415/5402.



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Nifty spot closed @ 5452.10 and future closed @5456.45 with a premium of 4 points.Nifty future traded today @ a good support around 5442, which now will act as a good support.For next week 5372 will act as a good support, any break and close below 5372 will bring bearish mode into market. As said bank shares soared upto new levels this week, which held the market together. overall sentiments of the market seems to be touching new highs in coming weeks.Overall close above 5490 in coming days would lead to another rally upto 5558 and a resistance @ 5628.

The average volume of Nifty future traded this week have raised from 265141 lots to 341720 lots per day. This shows some more encouraging movement mainly due to SBI results.

Trading Levels For 08/13/2010

Trading Levels for August 13,2010.

Nifty Trading Levels:

Above 5425, Resistances @ 5440/5456/5466/5482.

Below 5414, Supports @ 5399/5383/5373/5357.

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Trading Levels For 08/12/2010

Trading Levels For August 12,2010.

Nifty Trading Levels:

Above 5417, Resistances @ 5431/5446/5456/5471.

Below 5407, Supports @ 5393/5377/5368/5353.

Trading Levels For 08/10/2010

Trading Levels for August 10,2010.( Tuesday)

Nifty Trading Levels:

Above 5486, Resistances @ 5498/5510/5518/5530.

Below 5478, supports @ 5466/5454/5446/5434.

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Trading Levels For 08/09/2010

Trading Levels for July 09,2010.

Nifty Trading Levels:

Above 5446, Resistances @ 5455/5466/5472/5482.

Below 5439, Supports @ 5429/5419/5413/5402.

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Trading Levels For 08/04/2010

Trading Levels for August 04,2010 ( Wednesday)

Nifty Levels:

Above 5440, Resistances @ 5448/5457/5462/5471.

Below 5434, Supports @ 5427/5418/5412/5403.

Trading Levels For 08/03/2010

Trading Levels for August 03,2010. ( Tuesday)

Nifty Trading Levels:

Above 5438, Resistances @ 5446/5455/5461/5471.

Below 5431, Supports @ 5422/5413/5408/5397.


Trade these levels after 15 to 20 minutes of opening of market moves, as it avoids the gapup and down of opening moves of the market. With low volumes in the market seen, trading seems to be more boring these days.

With 5350 as a strong support market inches close to high @ 5450 as a high resistance. Selling @ resistances and buying @ supports have yeilded some handsome returns these days.As said to our clients banks shares soared in last two months with high returns. SBI,AXIS BANK, KARURVYSYA, BANK BARODA, BANK INDIA and all midcap bank shares moved in a single direction, thus yeilding good profits.

Hoping for a better future ahead.