Tuesday, October 30, 2012

NIFTY FUTURE TRADING STRATEGY FOR 31/10/12

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Trade with a plan – not with hope, greed, or fear. Plan where you will get in the market, plan how much you will risk on the trade, and plan where you will take your profits.

LAST CLOSE @ 5628

TRADING BELOW 5637 FOR 15-20 MINUTES WITH VOLUME

WATCH NONSTOP SLIDE UPTO
5620 - 5595 - 5585

STRONG SUPPORT AROUND 5585 LEVELS

RESISTANCE @ 5638 - 5645 - 5665 LEVELS

BULLS NEED TO CLOSE ABOVE 5645 FOR NEXT UPMOVE
OTHERWISE WE CAN EXPECT 5585 ----5550 -----5530 LEVELS VERY SOON

STIFF RESISTANCE AROUND 5645  - 5665 LEVELS
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