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Tuesday, December 15, 2009

Trading Strategy - Nifty Future -15th Dec’09


 
Ultimate Target ,5309-5566 (Complete correction from High of 6336 to 2228 )

Have a eye on 5168-5208 level.(Unexpected Buying above 5208 will start ,it will have to close above this level for 3 consecutive days …then 5327-5367 )

Yesterday ,I had written Nifty Future will face kiss 5142-5162-5169.Above 5169 …real power ,Just see it kissed 5167 & Crashed upto 5090 level….(So it looks chart is working but critics are not able to earn )

BANK NIFTY :As expected crashed from 9148 to 8989 (Just see ,What I had written yesterday about Bank Nifty /Bank stocks )….Critics says chart is not working !!!


Dear Readers & Traders :Just remember two points …

1)Two consecutive close above 5208 will take to 5327-5367 level in hrs only.

2)Break and close below 5067 for two consecutive days..then nonstop panic upto 4994-4970 level.

Thirsty Traders can see Triangle of 140 points on daily chart.

-Today crossover above 5120 with volumes will take to 5142 ,5162-5168 level.

-Real power above 5168 level only.

-Support at 5086-5078.Break below 5078 will create panic upto 5050-5042 level.

Hourly chart indicates :From 13 to 14 hrs….Bull’s will have upperhand.And 15 minutes chart indicates from 14:30 till 15:15…again …Bulls will create fire work !!

-Just watch the time ,But according to levels…..!!