Sunday, November 18, 2012

NIFTY FUTURE TRADING STRATEGY FOR 19/11/12


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LAST CLOSE @ 5581

TRADING BELOW 5598 -  5602 LEVELS .....TREND WILL  REMAIN WEAK FOR THE DAY

2-3 DAYS CLOSING BELOW 5530.....TARGET INTACT FOR NF

5455 - 5465  IN COMING DAYS

TRADING AND SUSTAIN BELOW 5585 FOR 15- 20 MINUTES WITH VOLUME

BEARS MAY TRY TO HIT

5550 - 5530 LEVELS

EXPECT SHARP FALL BELOW 5585

IF BULLS CAN HOLD SUPPORT @ 5530......EXPECT SOME BOUNCE BACK .......MINIMUM 100 POINTS VIOLENT  RALLY ????

LAST HOPE FOR BULLS 5530

STIFF RESISTANCE AROUND 5598 - 5603 LEVELS

IF BULLS CAN CROSSOVER 5603 LEVELS

WILL TAKE TO 5613 - 5620 LEVELS

Subject To Disclaimer




1 comment:

  1. • Tata Steel to sell Specialty Steels business for £100 mn to Liberty House.
    • Tata Chem approves investment plan worth Rs270 cr in nutrition biz
    • IIP for dec expectation of 1.2%
    CapitalStars

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