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Tuesday, January 5, 2010

Trading Strategy - Nifty Future -05th Jan’10


I DONT NEED TO WRITE ALL THE LEVELS EVERY DAY ..

NOW WHAT TO EXPECT?

-5270 is major Hurdle.

-Now once it crosses with volumes /Trades above this level for 5-10 minutes will take to 5317-5327-5367.

I Just see Triangle of 390 points -If everything is O.K then Target of 5500+ on card.


But be cautious from higher levels..


Support at 5211-3DEMA ,If breaks then major support at 5168-7DEMA