Sunday, April 7, 2013

NIFTY FUTURE TRADING STRATEGY FOR 08/04/13


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LAST CLOSE @ 5572

INTRADAY




TODAY.........TRADING BELOW 5585............BEARS ONLY.......PANIC FALL ON CARD

BEARS WILL TRY TO EXTENT THE FALL TILL 

5551------------5542------------5530 LEVELS

IF BULLS NOT ABLE TO SUSTAIN ABOVE 5530

WILL DRAG DOWN TO NEXT TARGET LEVELS

 5515---------5501 LEVELS IN INTRA NOT RULED OUT !!!

INTRADAY RESISTANCE @ 5595-----------5613--------5620

BULLS NEED TO HOLD AND CLOSE ABOVE 5551 LEVELS FOR ARRESTING FURTHER FALL

ELSE 

CAN EXPECT SHARP FALL NOT RULED OUT IN COMING DAYS......MAY BE  RETEST  ?????

LET SEE......MORE UPDATION  DURING MARKET HOURS...........STAY TUNED !!!!!

HAPPY TRADING

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