Tuesday, August 6, 2013

NIFTY FUTURE TRADING STRATEGY FOR 07/08/13



LAST CLOSE @ 5573

TODAY MAIN RESISTANCE @ 5583 AND  5608

SUSTAINING BELOW 5573........NO HOPE FOR BULLS

WILL SLIDE TO 5538---------5503--------5480 

MINOR SUPPORTS @ 5515 AND 5495

FOR NEXT UPMOVE......BULLS NEED TO TRADE AND CLOSE ABOVE 5610....ELSE EVEN 5480 - 50  NOT RULED IN INTRA OR IN COMING DAYS !!!

FROM 6050..... ALERTED ALL READERS .....ONE OF THE MOST  POWERFUL BEARISH PATTERN RISING WEDGE  FORMED IN DAILY CHART......CAN EXPECT MAJOR FALL IN COMING DAYS ......BEARS WILL  RETEST ATLEAST 5500----5480 LEVELS  !!!!

ITS ONLY POWER OF CHART......BELIEVE IN CHARTS...... NOTHING ELSE !!!!

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