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Wednesday, April 21, 2010

Trading Strategy - Nifty Future -21st April 2010

From low of 5162 already spurted to 5255 level.

Yesterday ,I had written target of 5221-5236.Crossover will take to 5280-5295

(Made a high of 5255 & crashed )

Today ,What to expect ?

Above 5236 level ,My target is intact of 5280-5295.

Today just watch 5267 level.Now crossover above this level will create unexpected buying and NF will kiss 5280-5295 level….101%.


Support exist at 5209-5203.Break below these levels will take to 5186-5180.

-Hourly chart indicates upto 14:30 hrs…Bull & Bear will fight.

In last 1 hr of trade (From 14:30 to 15:30)Watch one side movement in Market.

Don’t trade blindly in Market.Always use commensense.