Sunday, December 2, 2012

NIFTY FUTURE TRADING STRATEGY FOR 03/12/12


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LAST CLOSE @ 5909

ON THE BASIS OF WEEKLY CHART

5925 - 5930 WILL ACT AS HURDLES FOR BULLS

2 -3 DAYS CLOSING ABOVE  DEFINED LEVELS

BULLS MAY TRY TO KISS 
5985 - 6045 LEVELS VERY SOON

ON THE BASIS OF DAILY CHART

TODAY WE HAVE TO WATCH 5905- 5908 LEVELS

BULLS NEED TO SUSTAIN ABOVE 5908 LEVELS...TO TAKE FURTHER HIGHER LEVELS

 OTHERWISE  MAY SLIDE TO 5875- 5860 LEVELS IN INTRA NOT RULED OUT

STIFF RESISTANCE AROUND  5925- 5930 LEVELS

BULLS ONCE BREAK 5930 LEVELS AND STAYING 

!! WILL TAKE TO 5948 - 5955 LEVELS IN INTRA !!

THEREAFTER 5970 WILL ACT AS RESISTANCE

IF NIFTY FUT FAILURE TO CLOSING ABOVE 5905

LIKELY CORRECTION UPTO 5830 IN 1- 2 DAYS NOT RULED OUT !!!

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