NIFTY FUT TRADING STRATEGY FOR 05/12/12

LAST CLOSE @ 5924

TRADING ABOVE 5925.......BULLS IN POWER

WATCH RALLY UPTO 5947----------5955 LEVELS IN HRS ONLY

THEREAFTER 5970 AND 6000 WILL ACT AS HURDLES

BELOW 5920

TARGET FOR BEARS

5895--------5890---------5870

ALREADY WRITTEN 2- 3 DAYS CLOSING ABOVE 5925

WILL TAKE TO 5985- 6040 LEVELS VERY SOON !!!

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TRADING STRATEGY FOR 04/12/12

LAST CLOSE @ 5912

AROUND 5130 - 5135 WILL ACT AS RESISTANCE FOR BULLS

TRADING ABOVE 5135 WITH VOLUME

MAY TAKE TO 5950 ----------5955 LEVELS IN INTRA

TRADING BELOW 5910

INDICATING BEARS IN POWER

TRY TO EXTENT THE FALL UPTO

5890 - 5870 LEVELS

CLOSING BELOW 5870

EXPECT CORRECTION UPTO 5830 IN COMING DAYS

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