Monday, October 15, 2012
NIFTY FUTURE AND SBI TRADING STRATEGIES FOR 16/10/12
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.— ~ Jesse Livermore
LAST CLOSE @ 5703
TRADING ABOVE 5703
SEE RALLY UPTO
5715----------5743----------5750
THEREAFTER 5758 AND 5766 WILL ACT AS HURDLES
ONCE BREAK AND SUSTAIN BELOW 5710
BEARS TRY TO EXTENT THE FALL UPTO
5695 -------------5678 LEVELS
THEREAFTER
BEARS TARGET MAY BE
5666----------------5656 LEVELS
20 EMA @ 5661
STIFF RESISTANCE AROUND 5750 - 5755 LEVELS
STRONG SUPPORT AROUND 5655- 5665 LEVELS
TRADING ABOVE 2265
TARGET FOR BULLS
2280 AND 2295 LEVELS
2305 NOT RULED OUT IN INTRA
SUPPORT @ 2245 AND 2240 LEVELS
Subscribe to:
Posts (Atom)