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Tuesday, February 23, 2010

Trading Strategy - Nifty Future -23rd Feb 2010

 Yesterday written,  go short around 4920 keep a stop of 4928-4937.
Just see, it kissed 4917 & crashed.
Now ,What to expect ?
Below 4850 will kiss 4837-4820 in panic.

-Suppose breaks 4820 level with volumes then will see NF kissing 4797-4782 in panic. 
Hurdle at 4870.Crossover will take to 4887-4900.

101% at Higher levels…Exit from all long position/Go short. 
Last Hope :4782.If breaks/closes below this level then nonstop slide upto 4761-4685.