Thursday, March 21, 2013

NIFTY FUTURE TRADING STRATEGY FOR 22/03/13


The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor.” Jesse Livermore



LAST CLOSE @ 5664

KEEP AN EYE @ 5688



INTRADAY ROCK  RESISTANCES @ 5676-------5695----------5703

SEEMS BULLS NEED EXTRA EFFORT TO BREAK 5675- 78 LEVELS

ABOVE 5678.............POSSIBLE TARGET 5695 AND 5703

ABOVE 5703............BULLS  TARGET MAY BE 5727 AND 5737

BUT SUSTAINING BELOW 5676...........WATCH NON STOP SLIDE ..............SEEMS BLOOD BATH !!!!

TARGET 5655----------5630---------5613

THEAREAFTER 5597 TARGET FOR BULLS

FOR BULLS HOPE....... ATLEAST NEED TO SUSTAIN ABOVE 5675 LEVELS

ELSE NO ONE CAN STOP BEARS

DON'T BE BLINDLY BULLISH OR BEARISH...........TRADE WITH LEVELS ONLY !!!

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