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Friday, April 30, 2010

Trading Strategy - Nifty Future -30th April 2010

Consecutive close below 5169+ weekly close will take to 5032-4986 level.

-Short Term  own

-Medium Term  own

Yesterday it was written 5198 is crucial support.If breaks then only Panic.

-Above 5244 ,My target was 5272-5281 level.(Kissed 5257 level )

Today ,What to expect ?

-Hurdle at 5272-5281.

Now ,If crosses 5281 level with volumes and stays above this level for 5-10 minutes will take to 5309-5318 -5327 level.


-Around 5298-5309 ,Go short with stoploss of 5318-5327.

-Gap to be filled at 5298 level.

-Always trade with eye open.

-Trade what u see ,not what u want to see.

Sloping line Hurdle at 5327

Gap @ 5298.

(Just watch these levels very carefully )