Monday, December 17, 2012

NIFTY FUT TRADING STRATEGY FOR 17/12/12


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LAST CLOSE @ 5915

WEEKLY RESISTANCE @ 5985----------6003

WEEKLY SUPPORT @ 5865----------5855-----------5820

MONTHLY RESISTANCE @ 5926------------6003

MONTHLY SUPPORT @ 5865--------------5855----------5766


TODAY ........WE HAVE TO KEEP AN EYE @ 5915 LEVEL

IF PRICE CAN SUSTAIN ABOVE 5915

SEE RALLY UPTO 5938------------ 5958 LEVELS

STIFF RESISTANCE AROUND 5958----------5963 LEVELS

BULLS NEED TO BREAK AND SUSTAIN ABOVE 5963 LEVELS FOR FURTHER RALLY

UPTO 5980--------------5985 LEVELS

TRADING BELOW 5915.........INDICATING WEAKNESS

MAY SLIDE TO 5898.............5872----------------5865 LEVELS

SHORT TERM SUPPORT @ 5865 

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