NIFTY FUTURE - ICICI - RELINFRA TRADING STRATEGIES FOR 24/09/12

LAST CLOSE @ 5707

IF BULLS CAN SUSTAIN ABOVE 5710

WILL TAKE TO 5735- 5750- 5760

EXPECT SOME PROFIT BOOKING AROUND @ 5750- 5760 LEVELS

ABOVE 5760

HURDLES @ 5780 - 5790 

SUPPOSE BREAKS AND SUSTAIN BELOW 5700 WITH VOLUME FOR 10- 20 MINUTES

PROBLEM FOR BULLS

SEE FREE FALLLLLLLL

UPTO

5670- 5658- 5652 NOT RULED OUT

THEREAFTER 5635 AND 5630 WILL ACT  AS SUPPORT 

FOLLOW BUY ON DIPS STRATEGY

LAST CLOSE @ 1066

INTRA RESISTANCE @ 1070- 1086

SUPPORT @ 1055- 1041 - 1030

LAST CLOSE @ 544

RESISTANCE @ 551 AND 560

SUPPORT @ 535- 528 LEVELS