Trading Strategy - Nifty Future - 06th May 2010

-As expected ,Tuesday Down -Wednesday down & Today too …Asian Market are down only.

Yesterday written NF will take support or Crucial support were :5032-4985.

-Just see kissed 5053 & taken sharp U-turn.

Today ,What to expect ?

If trades above 5127 level with volumes then expect rally upto 5155.

-Once it will cross 5155 and stays above this level for 5 minutes then it will fly upto 5171-5186 level too.

-7DEMA :5200-LAXMAN REKHA

will start below 5032-4985 level.

Next Target :4849-4803 level.

I am writing again & again ,We can see unexpected price levels by 31st May -15th June.

Now ,Today’s Support at 5093-5088.Break below these level will take to 5073-5068.