Monday, April 1, 2013

NIFTY FUTURE TRADING STRATEGY FOR 02/04/13


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LAST CLOSE @ 5727

AVOID SHORTS ABOVE 5717..........FAST & FURIOUS RALLY ON CARD !!!

TRADING AND SUSTAIN ABOVE 5717..........BULLS HAVE UPPERHAND

BULLS WILL TRY TO HIT 5746---------5758 LEVELS

MINOR RESISTANCE @ 5737

ONCE CROSS OVER AND SUSTAIN ABOVE 5758...............BULLS NEXT TARGET 

5775 AND 5788 NOT RULED OUT IN INTRA

 INTRADAY MAIN  SUPPORT @ 5717 -------5708----------5696

TRADING AND STAYING BELOW 5715.........INDICATING WEAKNESS IN BULLS POWER

MAY BE SLIDE TO 5708 AND 5696

BELOW THAT............5685 AND 5673 ARE THE TARGET FOR BEARS

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NIFTY FUTURE TRADING STRATEGY FOR 01/04/13


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LAST CLOSE @ 5714

TODAY KEEP AN EYE @ 5718.........IF SUSTAIN

5718 WILL ACT AS STIFF RESISTANCE FOR BULLS

BULLS WILL TAKE TO 5737----------5749---------5757 IN INTRA ITSELF ON CARD

THEREAFTER 5773..............NEXT  TARGET FOR BULLS 

INTRADAY MAIN SUPPORT @ 5707 AND 5701

SUPPOSE TRADING BELOW 5701 WITH VOLUME FOR 10- 15 MINUTES

WATCH REAL FACE OF BEARS.............WILL TRY TO KISS

5685---------5673--------5659 LEVELS 

 AROUND 5673 AND 5660 SEEMS STRONG SUPPORT FOR BULLS

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