NIFTY FUTURE TRADING STRATEGY FOR 19/10/12

A smart man cannot follow another man blindly even though the other man is right, because you cannot have confidence and act on advice when you do not know what it is based on.— W.D.Gann

LAST CLOSE @ 5736

TRADING ABOVE 5732

BULLS MAY TRY TO EXTENT THE RALLY UPTO

5748-------5760 LEVELS

THEREAFTER 5775 WILL ACT AS HURDLE

STIFF RESISTANCE AROUND 5775 - 5780 LEVELS

SUPPOSE TRADING BELOW 5730 FOR 15- 20 MINUTES WITH VOLUME

EXPECT NON STOP SLIDE UPTO 5715 - 5710 LEVELS

ONCE BREAK AND SUSTAINING  BELOW 5715

TRY TO HIT 5695 LEVELS 

MAIN SUPPORT @ 5656 AND 5636 LEVELS

2 - 3 DAYS  + WEEKLY CLOSING ABOVE 5740

WILL TAKE TO 5825 - 5845  LEVELS VERY SOON

Subject To Disclaimer