NIFTY FUTURE TRADING STRATEGY FOR 07/11/12

Program your mind to accept many small losses. Program your mind to "sit still" for a few large gains.

Over Confidence and the false sense of invincibility based on past wins as receipe for disaster.

LAST CLOSE @ 5767

TRADING ABOVE 5760....MEANS BULLS IN POWER

MAY TAKE TO 5775 - 5785- 5790 LEVELS

NOW BULLS NEED TO TRADE ABOVE 5790 FOR FURTHER  HIGHER LEVELS

STIFF RESISTANCE AROUND 5785-5790 LEVELS

SUPPOSE CROSSOVER AND BREAK OUT  5790......... TRADE AND SUSTAIN   WITH VOLUME FOR 15- 20 MINUTES

SEE BLAST UPTO 5825 LEVELS IN HOURS ONLY

PSYCHOLOGICAL RESISTANCE @ 5800

BREAKDOWN AND TRADE  BELOW 5760

BEARS MAY TRY TO EXTENT THE FALL UPTO

5748 - 5728 - 5710 LEVELS

2-3 DAYS CLOSING ABOVE 5775...BIG POSITIVE TRIGGER FOR BULLS

WILL TAKE TO 5850- 5900 LEVELS VERY SOON

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