Wednesday 6 July 2011

REVIEW OF 6th JULY 2011 AND UPDATE FOR 7th JULY 2011


BANKNIFTY FUTURE - 1M 
Bank Nifty in morning trades broke our Pre Market Alert of POWERTRADE  TREND DECIDER OF THE DAY ------- 11436  .At around mid day it gained momentum and hit our target for the day given in pre market mail---- POWERTRADE   BULLS LAST STAND POINT OF THE DAY  ------- 11325-11340. Just see our hand holding trades where subscribers covered their shorts at extreme lows of the day as BANK NIFTY in its later trades broke below POWERTRADE BULLS LAST STAND POINT OF THE DAY  ------- 11325-11340 and hit sub 11300 levels in intraday trades .Bank Nifty being a momentum based index future counter can give awesome returns if traded with power trade research handholding strategies. Our Premium Subscribers gained a net 105 pts from yesterday's trade.

  
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NIFTY FUTURE - 1M  
NIFTY spent the whole day struggling between our POWERTRADE  BEARS LAST STAND POINT OF THE DAY -----  5690-5702 POWERTRADE  TREND DECIDER OF THE DAY ------- 5628-5616 and could not make much headway in either of the directions. Just watch the amazing accuracy of Powertrade levels Low of the day made @ 5617.50 .Nifty is caught in a battle of demand and supply from either sides.But within this range we could make our subscribers earn more than 20 points.A breakout move in either of the sides will decide the future direction of the market in days to come. 

 
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POWER LEVELS 7th July 2011   
  
NIFTY FUTURE - 1M   (Thursday 7th, July 2011)
POWERTRADE
  BEARS LAST STAND POINT OF THE DAY -----  5690-5702 sustaining above which it will target 5754
POWERTRADE  TREND DECIDER OF THE DAY ------- 5628-5616
POWERTRADE  BULLS LAST STAND POINT OF THE DAY -------5606 

Breakdown and sustaining below
  POWERTRADE   BULLS LAST STAND POINT OF THE DAY will open target for  support of ----5590-5560

BANKNIFTY FUTURE - 1M
  (Thursday 7th, July 2011)
POWERTRADE  BEARS LAST STAND POINT OF THE DAY ----- 11436sustaining above which it will target 11480-11512 
  
POWERTRADE  TREND DECIDER OF THE DAY ------- 11325-11340
POWERTRADE   BULLS LAST STAND POINT OF THE DAY  ------- 11212
Breakdown of   POWERTRADE   BULLS LAST STAND POINT OF THE DAY will open targets for ---- 11147

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

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