NIFTY FUTURE - ICICI- SBI - RELINFRA - RELCAP ANALYSIS FOR 21/09/12

AS EXPECTED VERY CHOPPY AND VOLATILE MARKET

NOW TRADERS ARE MEETING TO DETERMINE HOW TO HANDLE IT...???

BEST STRATEGIES ARE OPTIONS AND DAY TRADING

LAST CLOSE @ 5571

TRADING BELOW 5565

WILL TAKE TO

5550---------------------5530 

SUPPOSE CLOSING BELOW 5530

OR 

ONCE BREAK BELOW 5530 AND SUSTAIN 

CAN SEE REAL PANIC AND  REAL FACE OF BEARS

UPTO     ?????

STIFF RESISTANCE AROUND 5597- 5602 LEVELS

ONCE BREAK 5602 AND SUSTAIN FOR 15- 20 MINUTES WITH VOLUME 

SEE RALLY UPTO 5630- 5635 LEVELS

AS EXPECTED IN FREE FALL MODE

TRADING AND STAYING BELOW 496

FREE FALLLLLLLL

UPTO 490----- 483 -------- 478

CLOSING BELOW 490

ULTIMATE TARGET FOR BEARS IN COMING DAYS

 470---------- 463 (?????????)

BULLS NEED TO CLOSE ABOVE 507

FOR ANOTHER UPMOVE

HURDLES FOR BULLS

@

505---------511

BELOW 363

WILL FAVOUR BEARS ONLY

TARGET FOR BEARS

356-------351

SUPPOSE CLOSING BELOW 356

THEN ULTIMATE TARGET ??????

BELOW 1018

SEE PANICCCCCCCCC

UPTO

1010-------1003

CAN WE EXPECT 990- 980 IN COMING DAYS ?????

RESISTANCE @ 1030- 1040

WAITING FOR FREE FALL...........????????????

BELOW 2125

TARGET INTACT IN INTRA

2100-------------2088-------------2080

HURDLES

@

2138---------------2156

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