NIFTY FUTURE TRADING STRATEGIES FOR 20/09/12

EXPECT HIGH VOLATALITY - DIRECTIONLESS - CHOPPY MARKET - CONFUSING TO TRADERS-TERRIBLE AHEAD ?????

TRADING IS NOT EASY IN CHOPPY AND VOLATALITY MARKET...SO DEVELOP  THEIR OWN RULES......DONT TRADE BLINDLY...

There is only one side of the market and it is not the bull side or the bear side, but the right side. Jesse Livermore 

CASH IS KING...FIRST PRIORITY GIVES TO CAPITAL PROTECTION

LAST CLOSE @ 5612

SUPPORT @ 5593

TRADING BELOW 5610....IT WILL FAVOUR BEARS ONLY

SUPPORT @5593

ONCE BREAK 5593

UNEXPECTED SELLLLLLLLL OFF

DOORS ARE OPENED FOR 

5565- 5545 -5540

LAST HOPE FOR BULLS @ 5530

SUPPOSE CLOSING BELOW 5530

SEE BLOOOOD BATH

ULTIMATE TARGET ?????

HURDLES FOR BULLS

5635-  5670- 5690

RELIANCE - SBI - ICICI- -AXIS - RELINFRA TRADING STRATEGIES FOR 20/09/12

LAST CLOSE @ 855.60

BEARISH HARAMI PATTERN FORMED...INDICATES BEARS IN CONTROL

TRADING BELOW 855

TARGET FOR BEARS 845 - 825 AND 812

RESISTANCE @ 873 AND 880

LAST CLOSE @ 1049

BEARISH HARAMI CROSS PATTERN FORMED....INDICATES BEARS IN POWER

The Bearish Harami Cross Pattern is a major reversal pattern and is more significant than a regular Bearish Harami Pattern.

BELOW 1050

SEE NONSTOP SLIDE UPTO

1041- 1030

SUPPOSE CLOSING BELOW 1030

CAN SEE REAL POWER OF BEARS 

ULTIMATE TARGET 985

HURDLE FOR BULLS 

@

1055 AND 1070

LAST CLOSE @ 2150

RESISTANCE @ 2157 AND 2170

EXPECT SHARP FALL BELOW 2150

PAAAAANIC UPTO

2125- 2095 - 2085

SUPPOSE CLOSING BELOW 2085

ULTIMATE TARGET FOR BEARS

????????

LAST CLOSE @ 512

TRADING BELOW 512...INDICATES PANIC

EXPECT SHARP FALLLLLL

UPTO

505 - 495

RESISTANCE @

520 AND 526

LAST CLOSE @ 1073

BELOW 1075

SEE BLOOD BATHHHHHH

 UPTO

1060- 1045 - 1035

RESISTANCE @ 1085 - 1090- 1095