Tuesday, January 15, 2013

NIFTY FUTURE TRADING STRATEGY FOR 16/01/13




LAST CLOSE @ 6081

TRADING ABOVE 6067.........BULLS HAVE UPPER HAND

WILL TAKE TO 6096----------6105 

THEREAFTER  6134 TARGET FOR BULLS

NOW STRONG SUPPORT AROUND 6034----------6038 LEVELS

SUPPOSE IN INTRA BULLS NOT ABLE TO CROSS  6096 (YDAY HIGH) AND TRADES BELOW  6080............FOR 10- 20 MIN WILL TAKE TO 6067 AND 6038 LEVELS !!!

ONCE BREAK AND SUSTAIN BELOW 6034

PANIC SELL OFF ON CARD......BEARS TARGET MAY BE

5985--------5980---------5970  ????

AVOID SHORTS ABOVE 6067 LEVEL

 CLOSING BELOW 6034 LEVEL......WE MAY WITNESS  A SHARP FALL IN COMING DAYS

BULLS NEED TO SUSTAIN ABOVE 6034 - 6038 LEVELS FOR FURTHER RALLY OR ELSE WE COULD SEE CORRECTION AGAIN TO 5980- 5970 LEVELS !!!

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