Monday, November 5, 2012

NIFTY FUTURE TRADING STRATEGY FOR 06/11/12




Trade with a plan – not with hope, greed, or fear. Plan where you will get in the market, plan how much you will risk on the trade, and plan where you will take your profits.Establish your trading plans before the market opening to eliminate emotional reactions.

LAST CLOSE @ 5740

RESISTANCE  AROUND 5760- 5766 LEVELS

IF BULLS CROSSOVER AND SUSTAIN ABOVE  5760

EXPECT RALLY UPTO 5775 NOT RULED OUT IN INTRA

MINOR RESISTANCE @ 5766

 BULLS NEED TO CLOSE ABOVE 5775...THEN ONLY WE CAN EXPECT FURTHER UPSIDE UPTO 5850 - 5900 LEVELS

IN INTRADAY SUPPOSE TRADING BELOW 5748 FOR 15- 20 MINUTES WITH VOLUME

WATCH BLOOD BATH UPTO 5710 - 5700 LEVELS

BREAK BELOW 5700 WILL TAKE TO 5695 AND 5685 LEVELS IN MINUTES ONLY

!!! TRADE WITH LEVELS ONLY.....DON'T TRADE WITH EXPECTATION - HOPE-FEAR GREED... . !!!!
Subject To Disclaimer










1 comment:

  1. Gold delivery for April are down 0.4 percent (Rs 104) at Rs 29,256 per 10 grams.
    MCX Crude Oil tips

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