Wednesday, April 24, 2013

NIFTY FUTURE TRADING STRATEGY FOR 25/04/13




LAST CLOSE @ 5843

TODAY MAIN HURDLES @ 5860-------5870--------5880

BULLS STAYING AND TRADING ABOVE 5838...............BIG BLAST ON CARD

TARGET 5860-70-80

TRADING ABOVE 5880 FOR 10-15 MINUTES WITH VOLUME

EXPECT HUGE SHORT COVERING........WILL TAKE TO UNEXPECTED HIGHER LEVELS IN INTRA ITSELF

WATCH  REAL FACE OF BULLS TILL
 5905-------5915------5930-------5939

SO KEEP AN EYE @ STIFF RESISTANCE AREAS AROUND 5870 - 80 LEVELS

SUPPOSE BULLS FAILS TO TRADE ABOVE 5838......MEANS BULLS IN TROUBLE

WILL DRAG DOWN TO 5818------5808------5795 LEVELS

SEEMS STRONG SUPPORT AROUND 5795-91 LEVELS...ONCE BREAK AND SUSTAIN BELOW MENTIONED LEVELS

BEARS WILL TRY TO KISS 5773 AND 5760 NOT RULED OUT 

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