Nifty MAGIC Levels For Today

[shoby]

NIFTY MAGIC LEVEL 3.6.10

MAGIC POINTS ARE 5044 and 4965

Resistance and supports are ... and ..

LVL 1)BUY NIFTY FUTURES ABOVE 5055.... S/L below 5035.. SELL BELOW 5033... S/L ABOVE 5053.


LVL 2) Buy NIFTY FUTURES ABOVE 4976 .S/L below . 4956... Sell below 4954... S/L above 4974......


3rd JUNE Pivots

4890<-->4921<-->4942<-- 4965--5044-->5075<--->5106

 

[yashodhan]

NIFTY MAGIC LEVEL 2.6.10

MAGIC POINTS ARE 5002 and 4952

Resistance and supports are 5062.. and 4886


LVL 1)BUY NIFTY FUTURES ABOVE 5013.... S/L below 4993.. SELL BELOW 4991... S/L ABOVE 5011.


LVL 2) Buy NIFTY FUTURES ABOVE 4963 .S/L below . 4943... Sell below 4941... S/L above 4961......





LVL 3) BUY above 4897--S/L below 4877... SELL below 4875 .. S/L above 4895...

2nd JUNE Pivots

4825<-->4886<-->4952-- 5002-->5062<--->5091

Good show, Sir! The levels worked perfectly again.

 

[scplindia]

Shoby,

Today gap up is above all your lvls. Now what do you suggest.

Thanks

Prem Kumar

 

[shoby]

Shoby,

Today gap up is above all your lvls. Now what do you suggest.

Thanks

Prem Kumar

Yes Prem,todays Gapup left our levels way back,I had buy orders at 5055 to which it never came so gone long at highs at 5085...sl 5065...now nifty is 5090.I closed the trade in small profit at 5095.In a way it was good in one way that there was no trade possible with our levels as nifty was trading in very narrow range and making profits in trade today was extremely difficult.

 

[shoby]

NIFTY MAGIC LEVEL 4.6.10

MAGIC POINTS ARE 5120 and 5072


Resistance and supports are ... and 4994..



LVL 1)BUY NIFTY FUTURES ABOVE 5131.... S/L below 5111.. SELL BELOW 5109... S/L ABOVE 5129.


LVL 2) Buy NIFTY FUTURES ABOVE 5083 .S/L below . 5063... Sell below 5061... S/L above 5081......


LVL 3) BUY above 5005--S/L below 4985 ... SELL below 4983.. S/L above 5003...

4th JUNE Pivots

4960<-->4994<-->5056<-- 5072--5120-->5151<--->5182

 

[scplindia]

What are you trading today. Stuck in 20 point range

 

[shoby]

Hi! who all bought nifty around 5072 Magic ? I was stubborn with my buy order at 5072 sl 5061 and succeeded and booked half at 5092... holding rest with s/l now at 5070.
Why Prem 5072 was safe buy with 11 point stoploss,why you did not go for it ?

 

[miscos]

Dear Shoby,
I have sent a personal mail to you. Kindly look into that. The magic number proved to be a real magic once more. The ORB pointing downward, the magic provided a strong support. Very good work, please keep it up.

 

[shoby]

NIFTY MAGIC LEVEL 7.6.10

MAGIC POINTS ARE 5152 and 5088
Resistance and supports are ... and 5026..

LVL 1)BUY NIFTY FUTURES ABOVE 5163.... S/L below 5143.. SELL BELOW 5141... S/L ABOVE 5161.


LVL 2) Buy NIFTY FUTURES ABOVE 5099 .S/L below . 5079... Sell below 5077... S/L above 5097......


LVL 3) BUY above 5037--S/L below 5017 ... SELL below 5015.. S/L above 5035...

7th JUNE Pivots

4964<-->5026<-->5057<-- 5088--5152-->5183<--->5214

 

[aditya14]

What to do if it opens below 5026???? and above 5017