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Wednesday, December 2, 2009

Trading Strategy --NIFTY FUTURE--02nd 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 )


Today ,Just watch 5161-5168 level.Crossover above these levels………….Nonstop rally upto 5208 in minutes only.

-Yesterday above 5077,My target was 5140-5161.(So if are long …will mint great money and if not then its your mistake )

-So above 5168…..will watch 5208 level.

-100% Today book profit around 5190-5200 level.

-Fresh new long position above 5208 level (that too if closes above this level for 3 days )

Today Support :5073-3DEMA ,5052-7DEMA