Tuesday, April 9, 2013

NIFTY FUTURE TRADING STRATEGY FOR 10/04/13


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LAST CLOSE @ 5501

AS EXPECTED.......NIFTY FUTURE HEADING TOWARDS OUR ULTIMATE TARGET 5450

ANY WAY............TODAY TRADING BELOW 5502 FOR 10-15 MINUTES WITH VOLUME

BEARS WILL TRY TO DRAG DOWN TO

5476----------5466-----------5450------------5440 LEVELS

SEEMS STRONG SUPPORT AROUND 5450---------5440 LEVELS

CAN WE EXPECT BOUNCE BACK FROM 5450-40 LEVELS ????

BELOW 5440-----------SUPPORT @ 5435 AND 5427 LEVELS

SUPPOSE BULLS CAN TRADE AND SUSTAIN ABOVE 5508

SEEMS NON STOP RALLY NOT RULED OUT  TILL

5530---------5542---------5555 LEVELS

THEREAFTER 5564-70 WILL ACT AS HURDLES FOR BULLS

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