Wednesday, December 19, 2012

NIFTY FUTURE TRADING STRATEGY FOR 20/12/12


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LAST CLOSE @ 5929

TODAY BULLS HURDLES @ 5940-------------5955

TRADING ABOVE 5923........REMAIN BULLISH

TRADING ABOVE 5923....... BULLS MAY TRY TO KISS

5940----------5950-----------5955 LEVELS 

THEREAFTER  5963 WILL ACT AS BARRIER FOR BULLS

IF BULLS CAN BREAK AND SUSTAIN ABOVE 5963- 5965 FOR 15- 20 MIN

!!! EXPECT BLAST UPTO 5980-------5985   NOT RULED OUT IN INTRA !!!

BELOW 5940 INDICATING  WEAKNESS

MAY DRAG TO 5923----------5908--------------5882 LEVELS 

SHORT TERM SUPPORT @ 5865------5838 LEVELS

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