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Friday, May 28, 2010

Trading Strategy - Nifty Future - 28th May ‘10

*Panic below 4803(if closes for 3 consecutive days)Intraday made low of 4786 taken U-turn.

*Yesteraday written it will zoom to kiss 4963-4978 level.

*Yesterday ,I had written to go short around 4950-4963 with stoploss of 4978…..So Risk of Rs.15.- but sent a message to our subscibers , if able to hold 4930 then another round of (fiery move) spurt.

Now ,Today ..What to expect ?

Just watch 5029—–5038 level !!

Crossover with volumes above 5038 level and stays above this level for 5-10 minutes will take to 5082-5097-5110-5137 level.