NIFTY FUTURE - ICICI - AXIS - RELCAP AND RELINFRA TRADING STRATEGIES FOR 03/10/12

As a trader , losses are part of our business. You can’t avoid them . However  , there’s a huge difference between losing big on a regular basis and losing small in controlled trading paln . If u can’t accept that fact , you simply shouldn’t trade.If you need to succeed with trading , then you MUST invest both time and money to acquire the knowledge that  you need , the discipline to follow your trading strategy  and the patience to wait for the “ perfect Trade “

LAST CLOSE @ 5754

STIFF RESISTANCE AROUND 5785----- 5795 LEVELS

STRONG SUPPORT @ 5635----- - 56345 LEVELS

IMMEDIATE RESISTANCE @ 5766

TRADING ABOVE 5766

INDICATING BULLS IN POWER

TARGET FOR BULLS IN INTRADAY

5795.....?????

 MINOR RESISTANCE @ 5780- 5785 LEVELS

SUPPOSE TRADING BELOW 5755

WILL TAKE TO 5735------ 5727--------- - 5710 LEVELS NOT RULED OUT IN INTRA

THREE DAYS CLOSING   + WEEKLY CLOSING ABOVE 5775

ULTIMATE TARGET 5885 AND 5910 NOT RULED OUT

IN COMING DAYS

THREE DAYS CLOSING   + WEEKLY CLOSING BELOW 5750

TARGET FOR BEARS

5690------- 5650---------- 5625  NOT RULED OUT

STRONG SUPPORT @ 5625 (CLOSING BASIS)

LAST CLOSE @ 1051

STRONG SUPPORT @ 1040

TRADING ABOVE 1050

SEE RALLY UPTO 1061 AND 1072

STRONG RESISTANCE @ 1086

TRADING BELOW 1040

TARGET 1030 --------- 1020

LAST CLOSE @ 1131

RESISTANCE @ 1143-------1150

STRONG SUPPORT AROUND 1117 ------- 1120 LEVELS

LAST CLOSE @ 444

TRADING ABOVE 444

SEE SHARP RALLY UPTO 460 - 470 NOT RULED OUT IN INTRA

IMMEDIATE SUPPORT @ 442 AND 435 LEVELS

LAST CLOSE @ 553

IN INTRADAY TRADING ABOVE 555

WILL TAKE TO 562 AND 570 NOT RULED OUT

SUPPORT  @ 543 --------- 535