REVIEW OF 9th Feb 2012 AND UPDATE FOR 10th Feb 2012

NIFTY FUTURE – 9^th Feb  Feb  Recap
NIFTY FUT we  have been mentioning that until it trades above 5435-40 zone is safe for BULLS, NIFTY FUT made a low near 5360 and traded above it all through the day to give a late blast. We also mentioned that on the Upside 5445 is possible, check the Highs made during the late sessions of the day (5451).The only cause of concern for BULLS now is that the Upmove is facing increasing choppiness ,indicating an increase in the fear factor of holding longs in these levels.

Our Intra NIFTY subscribers went long near 5378 and booked massive gains upto 5435. Hope you too had a successful trading day.We have clearly mentioned on Yahoo/Twitter and blog to create longs with reversal only below 5335,any ne following it will have reaped huge returns.

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NIFTY FUTURE – 10^th  Feb Trading Guide
NIFYT FUT broke out and closed above the resistance zone of 5405-5420,which should now act as a short term supply zone. NIFTY FUT next immediate hurdle comes at 5475-85 zone. While now NIFTY fut will find short term support at 5400-5380 zones .Positional players should maintain a strict SL at 5335 and book profits on rise at these levels if still holding longs.

 POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5475-5485 sustaining above which it will target 5505,above that 55545
POWERTRADE TREND DECIDER OF THE DAY ------- 5385-5400
POWERTRADE BULLS LAST STAND POINT OF THE DAY -------5335-5340 Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ----5285,5250

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