RSS

Thursday, February 25, 2010

Trading Strategy - Nifty Future -25th Feb 2010

 
Crucial support levels :4798-4782.

Break below 4782 with volumes will create allround panic in Market.
Nonstop slide upto 4733-4717 in hrs only we can see.
Yesterday closed at 4862.

Now What to expect ???
 
Today will face Hurdle at 4893-5001 level.

Suppose crosses 5001 level with volumes and stays above this level for 5-10 minutes then will NF zooming upto 4932 level.
 
Watch Selling around 4912 level.

If Breaks Yesterday’s low of 4840 then first sign of panic will start & already written 4798-4782 are last hope for Bull’s.
If revives Go short around 4900-4912 level.