Wednesday, May 1, 2013

NIFTY FUTURE TRADING STRATEGY FOR 02/05/13




LAST CLOSE @ 5929

TODAY MAIN SUPPORT @ 5920--------5916

TRADING AND STAYING ABOVE 5935.........BULLS WILL FIRE.......TARGET 

5966------5980

SEEMS STIFF HURDLES AROUND 5985-90 LEVELS

SUPPOSE BULLS ABLE TO HOLD AND MANAGE 5980............CAN EXPECT NON STOP RALLY TILL 6002---------6018 NOT RULED OUT IN INTRA

SUSTAINING BELOW 5912.............BULLS LOSING ITS CONTROL

MAY LEAD TO FALL UPTO

5905-----------5883-----------5870--------5865

AROUND 5870-65 WILL ACT AS ROCK SUPPORT

THEN SEEMS 5855-------5838 LEVELS ARE SUPPORT FOR BULLS




HCL TECHNOLOGY LAST CLOSE @ 721.40

IF BULLS HOLD 717...........BIG FIREEEEE ON CARD

TARGET 737-------744-------750

Subject To Disclaimer



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