NIFTY FUTURE AND RELIANCE TRADING STRATEGIES FOR 07/05/13

LAST CLOSE @ 5971

TRADING AND SUSTAINING ABOVE 5970.......WILL TAKE TO 5990--------6006

THEREAFTER  NON STOP RALLY UPTO 6026 AND 6038 LEVELS

ABOVE 6038............NEXT HURDLES @ 6048 AND 6060

BUT  STAYING BELOW 5965............BEARS HAVE UPPER HAND

WILL SLIDE  TILL 5950-----------5930-------------5920 LEVELS

BELOW 5920 WITH VOLUME FOR 10-15 MINUTES......WATCH ONLY NION STOP SLIDE TILL 5905--------5880----------5870 NOT RULED OUT IN INTRA

LAST CLOSE @ 821.60 (SPOT)

CAN BULLS HOLD 814---------810 LEVELS ????...............IF YES

BIG BLASSSST ON CARD

TARGET 836----------840-----------850 IN COMING DAYS

Subject To Disclaimer