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Monday, February 22, 2010

Trading Strategy - Nifty Future -22nd Feb 2010

 
On Friday written , Below 4832 ,NF will take support at 4798-4782.
(Kissed low of 4797 & taken U-turn) 

Today ,What to expect ?

Above 4871 ,Once it will start trading.Nonstop rally upto 4896-4904.
There after will kiss 4929-4937.
Watch carefully 4937 level.

Above this level ,My Ultimate target of 4969 -4976 will be on screen.

(Remember Gap at 4976 )
 
Around 4920-4925 ,Go short in small qty your stoploss 4937.
 
Then around 4950-4960,Go short in Truckload with stoploss of 4976.