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Tuesday, March 16, 2010

Trading Strategy - Nifty Future -16th March 2010

My Major Hurdles :5144-5184 level.

-Two Consecutive close above 5184 will take to 5303-5344 level.

If not crossing 5169 level and remains below 5143 level then Bears will have upperhand.

-Every 2nd person talking 5110-5090 level as support point.

I think below 5146 ..Bears will take Nifty Future upto 5076-5053 level in panic.

-Don’t jump and Buy any Sensex/Nifty Stocks.

-90% stocks are looking weak only.

-I think from Thursday will see panic selling across the Globe.

A Trillion Dollar question :First will see 5184 or will see 5000-4950 level ?