Thursday, October 11, 2012

NIFTY FUTURE TRADING STRATEGIES FOR 12/10/12




The single most important advice I can give anybody is: Learn from your mistakes. That is the only way to become a successful trader.— David Ryan
LAST CLOSE @ 5739

ABOVE 5740......BULLS WILL HAVE UPPERHAND

WATCH RALLY UPTO 5757 ------------ 5775-------------5782
STIFF RESISTANCE AROUND 5775 - 5780

SUPPOSE BREAK AND SUSTAIN  ABOVE 5790 FOR  15-20 MINUTES WITH VOLUME

SEE SHARP RALLY UPTO 5817 NOT RULED OUT IN INTRA

TRADING BELOW 5755

SEE FALLUPTO 5735- 5728 LEVELS

THEREAFTER 5710 WILL ACT AS SUPPORT

STRONG SUPPORT AROUND 5700--------5710 LEVELS.

TWO DAYS CONSECUTIVE CLOSING  + WEEKLY CLOSING ABOVE 5710

WILL SUPPORT BULLS TO RETEST AGAIN 5800---------5850 LEVELS VERY SOON

Subject To Disclaimer