Monday, March 25, 2013

NIFTY FUTURE TRADING STRATEGY FOR 26/03/13





LAST CLOSE @ 5645

INTRADAY STIFF RESISTANCE AROUND 5668-------5674 LEVELS

BEARS STAYING BELOW 5657.............BIG FALL ON CARD............BEARS TARGET MAY BE

5634------------5610------------5590

MINOR SUPPORT @ 5619

IF SUSTAIN BELOW 5590 FOR 10- 15 MINUTES  WITH VOLUME.............WATCH ONLY NON STOP SLIDE TILL 5568 LEVEL IN INTRA NOT RULED OUT !!!

SUPPOSE BULLS CAN TRADE ABOVE 5685.......CAN EXPECT SOME RELIEF RALLY UPTO

5707-----------5717

THEREAFTER 5728 AND 5738 TARGET FOR BULLS

YESTERDAYS LOW 5634 WILL ACT AS CRUCIAL SUPPORT LEVEL...........ONCE BREAK AND CLOSE BELOW SAID LEVEL.............THEN INDEX  HEADING TOWARDS ?????

MILLION $$$$ QUESTION IS ......CAN BULLS MANAGE TO HOLD 5634 LEVELS ???

ELSE

NO HOPE FOR BULLS............BEARS MAY RETEST 5570---------5550 LEVELS IN COMING DAYS NOT RULED OUT !!!

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