RSS

Friday, March 12, 2010

Trading Strategy - Nifty Future -12th March 2010

Yesterday written, Hurdle at 5148-5161.Crossover will take to 5190-5200 in Intraday trade.
Yesterday exactly kissed 5161

Now ,What to expect ?

Rising Wedge will favour Bears only.

Out 100 stocks ,90% are Toppish and panic selling will start.

Above 5144 level ,It will try to kiss 5184 or Intraday 5220-5230 level.

Never act Blindly :Read twice and then trade.NF not breaking 3& 7DEMA …see the magic 

Two Consecutive close  above 5184 will take to 5303-5343 level.

Time will tell it will come to / cross 5303 first or will crash to 4950-4900 level ?

Today 3DEMA :5120 ,7DEMA :5104.