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Thursday, June 10, 2010

Trading Strategy - Nifty Future - 10th June ‘10

Yesterday ,I had written if not breaks 4937 then expect spurt upto 4998 & 5017 level.

-Intraday kissed 5043 & crashed.

Bank NF too recommended to sell @ 9230 & there after it crashed to 9100 in minutes only.

Now ,What to expect ?????

4921 is Last crucial support.Break below this level will take to 4873-4851 level.

Today ,Support levels are 4965-4959 level.Break below these levels will take to 4937-4931.

Laxman Rekha at 5049

If able to trade above this level for 5-10 minutes with volumes then expect rally to continue and will zoom upto 5084-5096 level.

-Day Before Yesterday’s low & Yesterday’s high are Trend Deciders.

 
Yes ,In next 48 hrs………U all see unexpected move of your life.

Will write more during trading hrs…if time permits me.