NIFTY FUTURE - SBI - ICICI - TCS TRADING STRATEGIES FOR 15/10/12

LAST CLOSE @ 5687

TRADING BELOW 5698 .....INDICATES WEAKNESS

BEARS TRY TO KISS

5678 -------5666-------5656 LEVELS 

THEREAFTER  5640 AND 5635 WILL ACT AS SUPPORT

STAYING BELOW 5656

EXPECT NON STOP SLIDE UPTO 

5640 AND 5635 NOT RULED OUT IN INTRA

LAST HOPE FOR BULLS AROUND

5635 - 5645 LEVELS

2-3 DAYS CONSECUTIVE CLOSING BELOW 5640

WILL WATCH BLOOD BATH UPTO 

5585 - 5550 LEVELS VERY SOON

HURDLES FOR BULLS 

@

5696 ----------- 5710 -----------5740 LEVELS

STIFF RESISTANCE @ 5745 - 5755 LEVELS

LAST CLOSE @ 2252

BELOW 2257 TRADE WITH VOLUMES FOR 15-20 MINUTES

WILL SLIDE UPTO 2240 - 2230 - 2225 LEVELS

MAIN SUPPORT @ 2225 AND 2218

CLOSING BELOW 2218

EXPECT FURTHER FALL UPTO 

2190- 2185 LEVELS VERY SOON

HURDLES @ 2263- 2283 - 2295 LEVELS

LAST CLOSE @ 1045

TRADING BELOW 1050 MEANS BEARS IN POWER

SUPPORT @ 1040 LEVELS

INTRADAY TARGET

1040 - -----1030 ------ 1020 LEVELS

BULLS RESISTANCE @ 1060 AND 1065 LEVELS

LAST CLOSE @ 1298

ABOVE 1303

CAN EXPECT BULLS RALLY UPTO

1312 AND 1325

SUPPORT @ 1285 AND 1273 LEVELS

Subject To Disclaimer