Monday, September 24, 2012

NIFTY FUTURE TRADING STRATEGIES FOR 25/09/12




LAST CLOSE @ 5682

STIFF RESISTANCE AROUND 5735------- 5760 LEVELS

STRONG SUPPORT AROUND 5635--------- 5630 LEVELS

EXPECT CONSOLIDATION OR TRADING RANGE  IN BETWEEN 5630- 5735 LEVELS IN FEW DAYS BEFORE ANY UP OR DOWN SIDE BREAKOUT...

EXPECT HIGH VOLATALITY AHEAD OF EXPIRY IN COMING THREE DAYS



RESISTANCE @ 5735 AND 5750 AND SUPPORT @ 5670 AND 5655
MADE HIGH @ 5729 AND MADE LOW 5675



IF BULLS CAN TRADE AND SUSTAIN ABOVE 5685

THEN BULLS INTRADAY TARGET 

 5700 ----- 5730 ---------5735 LEVELS

THEREAFTER 5750 ------------ 5760 WILL ACT AS RESISTANCE

INTRADAY SUPPORT @ 5670------ 5655 ---------- 5635 LEVELS

TRADING BELOW 5670.....SEE NON STOP SLIDE UPTO 5635 - 5630 LEVELS NOT RULED OUT

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