Monday, August 27, 2012

NIFTY FUTURE STRATEGY FOR 28/08/12




YESTERDAY WRITTEN....TRADING BELOW 5405....SEE FREE FALL UPTO 5376 AND 5355 LEVELS (MADE LOW 5358)

TODAY BELOW 5360.... BEARS TRY TO KISS 5351 AND 5327 LEVELS.

BREAK BELOW 5327....SUPPORT @ 5320 AND 5310

TRADING ABOVE 5360...RESISTANCE @ 5373 AND 5380  LEVELS.

THEREAFTER 5393 AND 5405 ARE HURDLES FOR BULLS.


SELL NIFTY FUT @ 5380 AND BOOKED PROFIT @ 5360 (PROFIT 20/LOT)

BUY RELINFRA PE 480 @ 5 AND BOOKED PROFIT @ 11 (PROFIT 6/LOT)

BUY RELIANCE PE 780 @ 3 AND STILL HOLDING

SELL JUBILIANT FOOD @ 1157 AND SL HIT 1162 (LOSS 5/ SHARE)





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