Monday, September 17, 2012

NIFTY FUTURE TRADING STRATEGY FOR 18/09/12



STIFF RESISTANCE @ 5670
(HIT HIGH 5670 AND VERTICALLY CRASHED TO 5593)


YESTERDAY NIFTY IN LARGE INTRADAY SWINGS....BOTH UP AND DOWN
EXPECT  CONSOLIDATION OR TRADING RANGE  IN BETWEEN 5570 AND 5700 IN FEW DAYS

TODAY 
 RESISTANCE @ 5635 AND 5670

ONCE BREAK AND SUSTAIN ABOVE 5670
BULLS TRY TO HIT 5700

INTRADAY MAIN SUPPORT @ 5598- 5590

TRADE BELOW 5590 WITH VOLUME FOR 10- 15 MINUTES

SEE NON STOP SLIDE UPTO 5565- 5545

TRADERS SHOULD BECOME ALERT ON A BUYING OPPORTUNITY AFTER THE EXPECTED DIP

FOLLOW BUY ON DIPS STRATEGY
IF NIFTY FUTURE  CLOSING BELOW 5530...THEN AVOID ANY FURTHER BUYING.

TRADE WITH LEVELS ONLY.

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