Monday 13 June 2011

Power Levels NIFTY BANKNIFTY 14th June 2011



Yesterday’s Market Recap:

NIFTY FUTURE - 1M
Look at how the markets opened gap down below the POWERTRADE  TREND DECIDER OF THE DAY ------- 5475-5495 and traded below to hit ourPOWERTRADE  BULLS LAST STAND POINT OF THE DAY ------- 5439. Unable to sustain below 5439 the bulls took charge and lifted NIFTY above to thePOWERTRADE  TREND DECIDER OF THE DAY ------- 5475-5495.
BANKNIFTY FUTURE - 1M 
Markets exactly took support at POWERTRADE   BULLS LAST STAND POINT OF THE DAY  ------- 10650-10613. Below 10613 the Bulls got really charged up and did not let price go into the Bear Grip, lifting it up to POWERTRADE  TREND DECIDER OF THE DAY ------- 10721 and then to our next Target ofPOWERTRADE  BEARS LAST STAND POINT OF THE DAY ----- 10770.
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POWER LEVELS 14th June 2011

NIFTY FUTURE - 1M   (Tuesday 14th, June 2011)

POWERTRADE
  BEARS LAST STAND POINT OF THE DAY ----- 5531-5544

POWERTRADE  TREND DECIDER OF THE DAY ------- 5475-5495

POWERTRADE  BULLS LAST STAND POINT OF THE DAY ------- 5439

BANKNIFTY FUTURE - 1M
  (Tuesday 14th, June 2011)

POWERTRADE  BEARS LAST STAND POINT OF THE DAY ----- 10900-10940

POWERTRADE  TREND DECIDER OF THE DAY ------- 10775

POWERTRADE   BULLS LAST STAND POINT OF THE DAY  ------- 10739-10721

Breakdown of   POWERTRADE   BULLS LAST STAND POINT OF THE DAY will open targets for ----10650-10602

Just follow the markets reaction at these levels and have a happy trading session ahead.


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