Tuesday, May 21, 2013

NIFTY FUTURE TRADING STRATEGY FOR 22/05/13





LAST CLOSE @ 6117

TODAY IMMEDIATE RESISTANCE @ 6144----------6154

THEREAFTER 6175 AND 6190 ARE THE IMMEDIATE HURDLES FOR BULLS

SUSTAINING BELOW 6118 FOR 10-15 MINUTES WITH VOLUME.........SEEMS MORE WEAKNESS

CAN EXPECT SEVERE ATTACK FROM BEARS SIDE TILL

6102----------6090--------6075 -------6066 

6102 WILL ACT AS CRUCIAL SUPPORT

CLOSING BELOW 6102..........WILL LEAD TO MORE PANIC ON CARD...........BEARS TARGET INTACT

6010--------6000--------5985---------5970 

NOT RULED OUT IN COMING DAYS

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