Wednesday, November 21, 2012

NIFTY FUTURE TRADING STRATEGY FOR 22/11/12

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LAST CLOSE @ 5622

Y'DAY WE HAD WRITTEN SUPPORT @ 5570 AND RESISTANCE @ 5620
MADE LOW 5570 AND MADE HIGH 5628


TRADING AND SUSTAIN ABOVE  5617 .......BULLISH SIGNAL

SUSTAIN ABOVE WITH VOLUME

WATCH  BLAST ON CARD UPTO 5665 AND 5680 LEVELS IN INTRADAY

MINOR RESISTANCE @ 5628

SUPPOSE TRADING BELOW 5615

WILL TAKE TO 5605 

ONCE BREAK BELOW 5605 WITH VOLUMES AND SUSTAIN.....THEN UNEXPECTED SELL OFF UPTO 5570 - 5560  LEVELS NOT RULED IN INTRA !!!

2-3 DAYS CLOSING ABOVE 5685- 5690

VERY SOON WE SEE 5745 - 5790 LEVELS !!!

Subject To Disclaimer


2 comments:

  1. As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.

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  2. Crude Oil March and Brent Oil April series are up 0.3 percent each at $ 53 and $ 56 per barrel, respectively.
    Crude Intraday Tips

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