Trading Strategy - Nifty Future -10th March 2010

5144 & 5184 were/are Hurdles.

Not able to cross these levels.Yesterday support was at 3DEMA -5095.It kissed 5092 & closed at 5097.

Remember Rising Wedge will create panic any moment.

Expect some bad NEWS.

Intraday panic on card.It can come Today/Tomorow ??

Now ,What to expect from this level ?

If not crossing 5145….Recent High & Trades below 5123 level.

-Expect slide upto 5058-5036 in panic.

-7DEMA :5060.

Today ,Hurdle at 5108.Crossover will take to 5118-5121 level.