Thursday, April 12, 2012

NIFTY FUTURE STRATEGY FOR 13/04/12


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TRADE ABOVE 5291 ,THEN TARGET MAY BE......

TARGET 1 - 5308
TARGET 2 - 5329
TARGET 3 - 5347
TARGET 4 - 5358
TARGET 5 - 5375

TRADE BELOW 5291 , THEN TARGET MAY BE .....

TARGET 1 - 5280
TARGET 2 - 5260
TARGET 3 - 5247
TARGET 4 - 5231
TARGET 5 - 5221



NO MAGIC .... NO MIRACLE...

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On April 10 , I wrote that H&s formation in ACC LTD. sell below 1308 with target 1238....
Check out what happened in ACC LTD on April 11.......

On April 11 made low 1221...


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I mentioned on 11/04/12, Main support of nifty future @5201, Nifty future hit 5203 ,& " u turn " from there... and hit first resistance @ 5278 and made days high 5292... (my second resistance @ 5295)



On April 11, i wrote that, my ultimate target is 366. Yes, yesterday hits 366 & made low 356.... Check Out ..... NO MAGIC... NO MIRACLE .. ONLY POWER OF CHART.....What is the next target......?





Target is 564 & 553.... yesterday hits 544 made day's low.....
My Ultimate target 535.... check out.........