NIFTY FUTURE – 9th Apr Recap
NIFTY FUT made a significant gap down and again see how critical our levels became, we wrote BULLS last stand point is 5325 and once NIFTY FUT opened below it, it had very little chance of recovery. So the support immediately became a resistance and gave intra traders a good down move opportunity. Hope you all used the levels to make the trade. During Gap us and down its important to use the levels in a smart way and take trades
NIFTY FUT now faces immediate resistance at 5275-85 levels. Trading above which can attempt the level of 5300. And any sustainance above it 5325 has good chances of being taken out. On the downside support now comes at 5235-45 levels . trading below which can attempt the gap of 5190-5200 levels . Critical positional support emerges at 5180 levels.
POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5300-05 sustaining above which it will target 5325, 5350,5395
POWERTRADE TREND DECIDER OF THE DAY ------- 5275-85
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5230-5235
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5210,5190, 5180
NIFTY FUT made a significant gap down and again see how critical our levels became, we wrote BULLS last stand point is 5325 and once NIFTY FUT opened below it, it had very little chance of recovery. So the support immediately became a resistance and gave intra traders a good down move opportunity. Hope you all used the levels to make the trade. During Gap us and down its important to use the levels in a smart way and take trades
Our subscribers took a contrarian trade today and went long near
5265 levels, but due to lack of any significant movement during the major
course of the day closed the trade near cost and had a flat day
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NIFTY FUTURE – 10th
April Trading GuideNIFTY FUT now faces immediate resistance at 5275-85 levels. Trading above which can attempt the level of 5300. And any sustainance above it 5325 has good chances of being taken out. On the downside support now comes at 5235-45 levels . trading below which can attempt the gap of 5190-5200 levels . Critical positional support emerges at 5180 levels.
POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5300-05 sustaining above which it will target 5325, 5350,5395
POWERTRADE TREND DECIDER OF THE DAY ------- 5275-85
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5230-5235
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5210,5190, 5180
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