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Tuesday, November 10, 2009

TRADING STRATERGY --- 10 NOVEMBER 09'



You got to know when to hold ‘emknow when to fold ‘emKnow when to walk away and know when to run.You never count your money when you’re sittin’ at the table.There’ll be time enough for countin’when the dealings done

Alert :Three Consecutive close above 4889 will take to 5008-5048 level.(Yesterday was first day it closed above this level )

-Already 5 days gone from low of 4531 & 4 straight up days…Today will it reverse ?




Today ,What to expect ?

4945-4966 are Hurdles for Bulls.

Crossover above 4966 with volumes and stays above this level for 5/10 minutes will take to 5008-5028 level.

ALERT : Intraday slide of 120–130 point will see in next 24 hrs.

Support at 3DEMA :4830 ,7DEMA :4802

Now suppose not crosses 4966 level then ?

-What are the trend reversal points ?What will be the first support point ?