Tuesday 24 January 2012

REVIEW OF 24th JAN 2012 AND UPDATE FOR 25th JAN 2012

NIFTY FUTURE 24th Jan – RECAP

Yesterday we mentioned that NIFTY FUT is looking for cues to set the next course of action and RBI policy could just be that. NIFTY FUT  opened flat and made a low above our POWERTRADE BEARS LAST STAND POINT OF THE DAY -----  5035 and darted towards our POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5070,above that attempted 5090 and towards our eventual target of 5130.Giving ample opportunity for traders.

 Our Intra subscribers went long near 5055 and booked hefty gains all the way till 5090 and also again went short at 5130 to book some minor gains towards the end of the day. We had been shouting on Yahoo/Twitter( Check our Yahoo and Twitter posts) to accumulate longs for positional players from 4600 and then 4800. This had been a great month for our positional subscribers too giving massive gains when the whole world was crying shorts. Now we have closed most of our positional longs yesterday

 Are you still Awestruck with the accuracy of our sureshot research to detect market turning points in advance? Unable to trade accurately ...Get in touch with our helpdesk at www.powertrade.co.in...Team Powertrade will show you the way to a more confident and stress free trading advisory service.


NIFTY FUTURE – 25th Jan Trading Guide

NIFYT FUT broke out of the congestion zone to give a good sustained up move. Now NIFTY FUT has immediate resistance at 5150 and above that near 5175 zone, If still manages to sustain above it NIFTY FUT may scale the elusive 5200 mark and above that 5230. On the Downside immediate support comes at 5065-5070. If trades below it will again attempt the lower levels of yesterday

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5175-5190 sustaining above which it will target 5230
POWERTRADE TREND DECIDER OF THE DAY ------- 5065-5075

POWERTRADE BULLS LAST STAND POINT OF THE DAY -------5035
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ----4990

Just follow the markets reaction at these levels and have a happy trading session ahead.
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.


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