REVIEW OF 13th Aug 2012 AND UPDATE FOR 14th Aug 2012

NIFTY FUTURE – 13^th  Aug  Recap

NIFTY FUT we mentioned that the TREND DECIDER of the day is 5325 and NIFTY FUT low made was exactly above it at 5326. TREND DECIDER means trading above that market will be bullish above that. We also wrote in trading cues to go long in contrarian trades within the range of 5320-5370. This worked again as a perfect foil in this market. Anyone having spent 3 minutes on the blog would had got the trade spot on. We also wrote that markets will move into super bullish zone above 5375 only.During the closing stages of the day market topped just around that level. What are the trading levels to watch out for next day? Where to take the trades?

Our NIFTY FUT subscriber had a good day going long near 5335 and bookings good gains all the way till 5366 levels towards the closing stages. Our Banknifty futures also took a smart trade early in the morning going short near 10390 levels and booking gains at the nick of time at 10345 levels. …... Where to take the next trade? Did you catch the move in the right time?..... Are you still guessing where to trade? Did you take a similar trade and captured the opportunity? Are you still worried where to take the trade entries? Subscribe to our premium calls and leave your trade entry and exit worries to us. 

NIFTY FUTURE – 14^th   Aug Trading Guide

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NIFTY FUT again respected the support levels of 5320 and pulled back smartly to close near the day;s highs. NIFTY FUT now faces immediate resistance at 5385 levels and trading above that level will attempt 5410 levels and higher. On the downside support now emerges at 5355 levels and a breach of that can again test 5330 levels. Positional longs taken can hold stops at 5320 levels now. Both midterm and short term trend remains bullish now above 5350 level. Bulls will hold fort now if NIFTY FUT manages to move above 5385 convincingly.
Some long term views: If  Nifty Fut manages to hold the lows of 5320 levels  then the mid term range remains bullish. While at the same time If NIFTY FUT move above this level of 5385 we may be able to see 5470 odd levels in the coming sessions.

Cues for Trading On Tuesday : Go Long in dips to 5345-55 levels with stops below 5320 levels. Also look for break out trade above 5385 zone for targets of 5410 and higher.
. Please note these are not just pivot points. These are trading levels where we believe market momentum is in inflection points and are meant to provide guidance to traders.


POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5380-85   sustaining above which it will target 5410,5435,5470
POWERTRADE TREND DECIDER OF THE DAY ------- 5340-45
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5220-25
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5200,5280,5245

Detailed analysis also posted at www.powertrades.blogspot.com

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.