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Tuesday, November 17, 2009

NIFTY TRADING STRATERGY-- 17TH NOV 09'


I DON'T NEED TO CHANGE LEVELS EVERY DAY...........
Two Consecutive close above 5048 will take to 5168-5212 level.

Yesterday was first day it closed above 5048 level
Today ,Suppose not able to cross yesterday’s high -5082 & breaks 5048 with volumes…………then ???

Will take support at 5017.Once breaks and trades below this level then watch nonstop panic upto 4944-4910 level in hrs only.
Hourly chart indicates ,FROM 1:15 one side movement till end session.


   
  FROM LAST TWO DAYS ALREADY WARNING : DONT GET TRAPPED ON HIGHER LEVELS

    PANIC NOT RULED OUT.