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Friday, November 27, 2009

Trading Strategy - NIFTY FUTURE-27th Nov’09


From Last 3 days ,I was indicating 5168-5208 are major Hurdles.Two days back written :No charm in market ,No volumes….just dont get trapped in Sensex /Nifty Stocks @ Higher levels.

-Yesterday too written if not crosses High of 5139 will create problem and below 5077 watch bloodbath….Now ,What happened u all know and What will happen today……..Only God can save this Market now.

Today ,What to expect ?

Read very carefully ,Iam writing in two parts.U don’t have to watch Blue channels or pay fees to any Analyst in India.



Crucial support at 4937-4923.Now suppose breaks 4923 level too with volumes then unexpected panic selling will start.

-Gap down opening will happen…….So Traders will not get opportunity.101% Go short and remain short below 4923 level.

Today if closes below 4950 level then in hrs only will crash upto 4836-4798 level.

Now 3&7DEMA :Will act as Hurdles (5049 )