Sunday, October 14, 2012
NIFTY FUTURE - SBI - ICICI - TCS TRADING STRATEGIES FOR 15/10/12
LAST CLOSE @ 5687
TRADING BELOW 5698 .....INDICATES WEAKNESS
BEARS TRY TO KISS
5678 -------5666-------5656 LEVELS
THEREAFTER 5640 AND 5635 WILL ACT AS SUPPORT
STAYING BELOW 5656
EXPECT NON STOP SLIDE UPTO
5640 AND 5635 NOT RULED OUT IN INTRA
LAST HOPE FOR BULLS AROUND
5635 - 5645 LEVELS
2-3 DAYS CONSECUTIVE CLOSING BELOW 5640
WILL WATCH BLOOD BATH UPTO
5585 - 5550 LEVELS VERY SOON
HURDLES FOR BULLS
@
5696 ----------- 5710 -----------5740 LEVELS
STIFF RESISTANCE @ 5745 - 5755 LEVELS
LAST CLOSE @ 2252
BELOW 2257 TRADE WITH VOLUMES FOR 15-20 MINUTES
WILL SLIDE UPTO 2240 - 2230 - 2225 LEVELS
MAIN SUPPORT @ 2225 AND 2218
CLOSING BELOW 2218
EXPECT FURTHER FALL UPTO
2190- 2185 LEVELS VERY SOON
HURDLES @ 2263- 2283 - 2295 LEVELS
LAST CLOSE @ 1045
TRADING BELOW 1050 MEANS BEARS IN POWER
SUPPORT @ 1040 LEVELS
INTRADAY TARGET
1040 - -----1030 ------ 1020 LEVELS
BULLS RESISTANCE @ 1060 AND 1065 LEVELS
LAST CLOSE @ 1298
ABOVE 1303
CAN EXPECT BULLS RALLY UPTO
1312 AND 1325
SUPPORT @ 1285 AND 1273 LEVELS
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