Friday, December 21, 2012

NIFTY FUTURE TRADING STRATEGY FOR 21/12/12


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LAST CLOSE @ 5931

STIFF RESISTANCE AROUND 5950 ---------5963 LEVELS 

AFTER THAT 5980 WILL ACT AS BARRIER FOR BULLS

ALREADY WRITTEN ......BULLS NEED TO CLOSE AND SUSTAIN  ABOVE 

5980 LEVEL FOR ANY FURTHER RALLY

ELSE NO HOPE FOR BULLS .......POSSIBLE BEARS AGAIN MAY KISS

5865---------5835 LEVELS SOON NOT RULED OUT 

TODAY WE HAVE TO KEEP AN EYE @ 5935 LEVEL

IF BULLS FAILED TO SUSTAIN ABOVE 5935 LEVELS

BEARS MAY TRY TO DRAG DOWN TO

5922----------5908--------5895 LEVELS IN INTRA 

ONCE BREAK AND SUSTAIN BELOW 5895....... WITH HIGH VOLUME FOR 15- 20 MIN

WATCH SLIDE UPTO 5880----------5870-------------5865 LEVELS

STRONG SUPPORT AROUND 5865 LEVELS

WEEKLY CLOSING BELOW 5865

WILL TAKE TO 5835--------5775-------------5750 LEVELS IN COMING DAYS  ????

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