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Thursday, December 24, 2009

Trading Strategy - Nifty Future -24th 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 )


-On 3rd December kissed 5191 &  on 11th December kissed 5188.(So why to trade blindly and bark )..it should cross 5208 level.


-Not crossed and see from 5191-5188 crashed to 4937 as expected.(My lower tgt were 4900-4876 )



Yesterday it was written once NF crosses 5016 will zoom to kiss 5063-5079 level.


-Written huge short covering +Heavy Buying will be there !!


Yes ,I know after crossing 5079 it blasted upto 5161 level.


-But everything I can’t write here…
Orkut Myspace Thursday Graphics and Comments

Today ,What to expect ?

-Above 5162 will kiss 5191-5208 level.

-Today be cautious  at Higher levels.

-If u had missed rally yesterday ….No problem @ all.

-Watch carefully 5208 level ,It will have to close above this level for 2 Consecutive days then only….real power !!

Today’s support at ?? (Will see from what level it take reversal )

-Suppose not crosses (Yesterday’s high of 5161)and trades below 5147 then will see minor panic upto 5105-5091.

Crucial Support :5071-5050 ( 3& 7DEMA )