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Thursday, February 4, 2010

Trading Strategy - Nifty Future -04th Feb 2010

 
Yesterday ,I had written to sell Nifty Future around 4981 with stoploss of 4905…told to our Subscribers too sell at 4890 (Stoploss Triggred.)

On 2nd feb 2010 messaged to buy
ONGC
  Tata steel futures
(and see what happened yesterday)

 Yesterday messaged to buy
  Axis bank @ 1057

 
Today what to expect????
Above 4924....No problem for Bulls.
(It will show strength above 4950 level only.)
Crossover will take to fill Gap at 4976.
Maximum in this rally can zoom upto 5024-5057.(If remains above 5024 )
Today ,If not crosses 4950 level N trades below 4938 and starts falling then ??
Will see slide upto 4890.Once breaks 4890 with volumes…Thirsty Traders can see panic selling upto 4854-4842 level too.