NIFTY FUTURE – 21st
June Recap
NIFTY FUT we had mentioned yesterday that “immediate resistance at 5145 and trading above that this time should attempt 5175-80 levels on the upside” just have a look at the charts and the market reaction and high reached one this trading zone was crossed, exact high made at 5178.5. We also mentioned that the TREND DECIEDER OF THE DAY is 5090, meaning trading above that level will favor the BULLS. Look at the exact point from where NIFTY FUT pulled back. Low made twice above it at 5092-93 levels.The trading levels gave good opportunity for both contrarian and Break out traders yesterday, making good two days of range bound trading.
NIFTY FUTURE – 22nd June Trading Guide
NIFTY FUT we have been indicating is in a BULL territory until it manages to hold above 5090 and yesterday’ upward rally and respect of 5090 exactly justified our call on NIFTY FUT. NIFTY FUT now faces immediate resistance at 5175-80 and trading above which will attempt higher levels of 5200 and 5230. On the downside immediate support now emerges at 5150 and below that will again test 5125 levels. Crucial positional support now remains at 5090.
POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5200-05 sustaining above which it will target 5230,525,5275,5305
POWERTRADE TREND DECIDER OF THE DAY ------- 5125-30
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5085-90
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5050,5030,5030,5004
NIFTY FUT we had mentioned yesterday that “immediate resistance at 5145 and trading above that this time should attempt 5175-80 levels on the upside” just have a look at the charts and the market reaction and high reached one this trading zone was crossed, exact high made at 5178.5. We also mentioned that the TREND DECIEDER OF THE DAY is 5090, meaning trading above that level will favor the BULLS. Look at the exact point from where NIFTY FUT pulled back. Low made twice above it at 5092-93 levels.The trading levels gave good opportunity for both contrarian and Break out traders yesterday, making good two days of range bound trading.
Our NIFTY FUT subscribers has a terrific day going long above
5125 and booking final profits all the way till 5175, gaining nearly 50 points
in a single day. Another outstanding trade we had was with our BANKNIFTY
subscribers who went long at 9860 and we all know where markets reached. Yes!! Profits
booked nearly 200 points in less than an hour.
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NIFTY FUTURE – 22nd June Trading Guide
NIFTY FUT we have been indicating is in a BULL territory until it manages to hold above 5090 and yesterday’ upward rally and respect of 5090 exactly justified our call on NIFTY FUT. NIFTY FUT now faces immediate resistance at 5175-80 and trading above which will attempt higher levels of 5200 and 5230. On the downside immediate support now emerges at 5150 and below that will again test 5125 levels. Crucial positional support now remains at 5090.
POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5200-05 sustaining above which it will target 5230,525,5275,5305
POWERTRADE TREND DECIDER OF THE DAY ------- 5125-30
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5085-90
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5050,5030,5030,5004
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tested analytical skills refined with conviction. So if you need expert hand
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