Monday, August 13, 2012

NIFTY FUTURE AND SBI TRADING STRATEGY FOR 14/08/12






LAST CLOSE @ 5372

BULLS HAVE TO CLOSE ABOVE 5410 FOR ANOTHER ROUND OF FIRE WORKS

STIFF RESISTANCE @ 5405 - 5410

TODAY WHAT TO EXPECT...???

INTRADAY HURDLES @ 5378 - 5384  - 5394 AND 5402

TRADING BELOW 5370..... BEARS TRY TO KISS 5366 - 5360 LEVELS....

ONCE CROSS BELOW 5360.....WILL TAKE TO 5345 AND 5332 LEVELS 

EXPECT SOME SELLING PRESSURE @ 5405 - 5410 LEVELS.

MILLION DOLLAR QUESTIONS

SUPPOSE BULLS CAN CLOSE ABOVE 5410 ...THEN NEXT BULLS TARGETS ARE...??????

IF BULLS FAILED TO CLOSE ABOVE 5410.....THEN ULTIMATE TARGETS FOR BEARS....?????





YESTERDAY BOLDLY WRITTEN...BELOW 1885...BEARS TRY TO KISS 1872 AND  1862 LEVELS...(MADE LOW 1859) AND ALSO INDICATED...TRADE ABOVE 1890....WILL TAKE TO 1920 LEVEL   (MADE HIGH 1905)

TODAY...WHAT TO EXPECT...???

HAMMER CANDLESTICK PATTERN FORMED IN SBI DAILY CHART...

EXPLANATION OF HAMMER PATTERN @


TODAY....ABOVE 1911....TAKE TO 1920 - 1930 - 1940 LEVELS

SUPPOSE...TRADING BELOW 1905....INTRADAY SUPPORT @ 1896 - 1884 - 1872

EXPECT SOME RALLY IN SBI FROM TOMORROW ONWARDS UPTO....????

TODAY WATCH THESE STOCK

RELINFRA.....BELOW 519....KILL IT...SEE SHARP FALL UPTO....LEVELS...???

BELOW 395.....TATA STEEL....SEE NONSTOP SLIDE UPTO 385 AND 382???

RELIANCE CAPITAL....ABOVE 354....CAN SEE RALLY UPTO .....LEVELS??????

ABB LTD ....WILL EXPLODE OR NOT    ???  
 WATCH AND SEE


SELL RELCAP FUT  @ 344 AND BOOKED PROFIT @ 334 (PROFIT 5000/ LOT)

BUY ABB FUT @ 789 AND BOOKED PROFIT @ 801 ( PROFIT 3000 / LOT)

BUY TATASTEEL PE 400 @ 12 BOOKED PROFIT @ 14 (PROFIT 1000 / LOT)

SELL ABB (CASH) @ 770 AND BOOKED LOSS @ 774 ( LOSS 4/ SHARE)

SELL CASTROL @ 594 AND BOOKED PROFIT @ 589 (PROFIT 5 / SHARE)




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