Nifty Trading 11th March

Hello Pirates



Nifty had opened at a flat note and within no time took support at 5095 levels as you can see the previous post 5094 levels, and then jumped up in the sky, it was like a ball thrown up in the sky touched the ground and jumped up, the main part Reliance Industries the leader of our markets had boosted the markets and nifty finally made an attempt to brake the China wall but came back to lower levels as profit booking was seen at higher levels.

For the Session

Nifty Important Level – 5117.80 (Futures)

Nifty can touch - (Futures)

Above the mentioned levels bulls  -  5128 - 5140 - 5150 - 5161 - 5172 - 5184

or

 

Below the mentioned levels bears - 5094 - 5084 - 5078 - 5071 - 5061 - 5051

 The Final Winner Might be decided in TODAY's SESSION.....

 

As we had writted in our weekly Letter that below 5133 and 5124 levels spot & future, nifty is bearish and look what happen in today session same case, Longs positions are safe only above 5160 Future levels and for the session the Level mentioned below is very Important & Inflation numbers on screen soon so be careful on that IIP number son 12th March 2010.

MOST IMP LEVELS  -  5095

We would like to wish all the Pirates a very all the BEST.

Regards

Treasure Captain

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