RSS

Monday, November 30, 2009

Trading Strategy -- NIFTY FUTURE-30th Nov’09



As expected on Friday our lower target for Nifty Future was 4798 it kissed 4801 & taken U-turn.

Now ,What to expect from this level of 4946.(Yes already sent mssge on Friday to our Subscribers that rally can stretch upto 4971-4992 ,Bought Nifty Future at 4852 )

Today ,It will kiss 4971-4992 level.Crossover above 4992 with volumes will take to 7DEMA :5024.

-Above 5024……..Nonstop rally upto 5056-5077 not ruled out.
Between 4992-5024…Book 90% Profit.

Fresh short above 5024 with stoploss of 5056-5077 level.

Now suppose kisses 4092-5024 & falls then ?

Now suppose Crosses 5024 kisses above targets and falls then ?

Just think ,How to trade if rally fizzles out during Intraday ?