NIFTY FUTURE AND SBI TRADING STRATEGY FOR 10/08/12

YESTERDAY WRITTEN...TRADING ABOVE 5355...TAKE TO 5372 - 5394 LEVELS (MADE HIGH    

5384) AND INDICATES STRONG SUPPORT @ 5332 (MADE LOW 5332).

TODAY ...WHAT TO EXPECT...

IF BULLS CAN TRADE ABOVE  5355...TAKE TO 5366- 5372 LEVELS

CROSSOVER  5372...HURDLES @  5384 AND 5394

TRADING BELOW 5345....CAN SEE FREE FALL UPTO 5335 - 5310 LEVELS.

THEREAFTER....SUPPORT @ 5295

TECHNICALLY VERY WEAK

TRADING BELOW 1963.....NON STOP SLIDE...UPTO 1940 - 1931 - 1920

STRONG SUPPORT @ 1920

SUPPOSE ....BULLS CAN TRADE AND SUSTAIN ABOVE 1975....SEE RALLY UPTO 1997 - 2005 - 2015 LEVELS.

CLOSING BELOW 1935....WE CAN SEE 1860 - 1825 LEVELS VERY SOON

SELL BOMBAY DYEING @ 509 AND BOOKED PROFIT @ 501 ( PROFIT 8/ SHARE)

SELL RELIANCE CAPITAL @ 359 AND BOOKED PROFIT @ 350 ( PROFIT 9 / SHARE)

SELL RELIANCE @ 793 AND BOOKED PROFIT @ 778 ( PROFIT 15 / SHARE)

SELL NIFTY FUTURE @ 5370 AND BOOKED PROFIT @ 5340 (PROFIT 30 / LOT)

BUY SBI  CE 2000 @ 65 AND BOOKED LOSS @ 60 (LOSS 5 / LOT)