REVIEW OF 16TH JUNE 2011 AND UPDATE FOR 17TH JUNE 2011

Yesterday’s Market Recap:

BANKNIFTY FUTURE - 1M

Bank Nifty Future opened gap down and as soon as broke on the upside the POWERTRADE   BULLS LAST STAND POINT OF THE DAY  ------- 10602 in the morning trade in no time sky-rocketed to our POWERTRADE  TREND DECIDER OF THE DAY ------- 10650 and then made a day's high of 10735 exactly indicated by POWERTRADE  BEARS LAST STAND POINT OF THE DAY ----- 10721-10775.  After that it was again a dream run for the obvious shorters in the market who could have shorted keeping 10775 as Stop Loss . Bank Nifty Future continued its southward journey for the whole day respecting all our POWERTRADE  Levels  and one by one broke POWERTRADE  TREND DECIDER OF THE DAY ------- 10650 and then POWERTRADE   BULLS LAST STAND POINT OF THE DAY  ------- 10602 .
Although it was a crucial day for the market as everyone stayed away from the market to watch out for RBI Credit Policy announcement our premium subscribers got their first sms in the morning "Buy BNF above 10610 with a SL of 10550 and Book 50% profit @ 10650" . Later in the day RBI in it's much awaited Credit Policy announced a hike of 25 basis points in the key interest rates and all our levels gave a money churning oppurtunity to our followers.
NIFTY FUTURE - 1M

Look at how the markets opened gap down and started trading just above our last indicated level in our Pre Market Mail "Breakdown of   POWERTRADE   BULLS LAST STAND POINT OF THE DAY will open targets for ----5395-5370"  and just targeted POWERTRADE  BULLS LAST STAND POINT OF THE DAY ------- 5439 . After which it turned southwards to hit low of the day at our exactly indicated level of  5395-5370.  Although it was a crucial day for the market as RBI announced it's credit policy Amazing Accuracy of the Powertrade Levels gave immense opportunity to make money in this extremely indecisive market even Yesterday.

Did you capture the turning points ? Or Are you still standing on the sidelines?.....Subscribe with us to our guided trading advisory services immediately and enjoy a stress free hand holding trading session with us. Dial for help 9051618733 or Log into WWW.POWERTRADE.CO.IN to Register

POWER LEVELS 17th June 2011

NIFTY FUTURE - 1M   (Thursday 17th, June 2011)

POWERTRADE  BEARS LAST STAND POINT OF THE DAY ----- 5435-5455
POWERTRADE  TREND DECIDER OF THE DAY ------- 5393

POWERTRADE  BULLS LAST STAND POINT OF THE DAY ------- 5375-5357

Breakdown of   POWERTRADE   BULLS LAST STAND POINT OF THE DAY will open target for long term ultimate support line of ----5328 below which it can drag down
                                                                                                                                                                                                           to 5280-5175

BANKNIFTY FUTURE - 1M  (Thursday 17th, June 2011)
POWERTRADE  BEARS LAST STAND POINT OF THE DAY ----- 10650 sustainance above which it will target 10741-10752

POWERTRADE  TREND DECIDER OF THE DAY ------- 10602
POWERTRADE   BULLS LAST STAND POINT OF THE DAY  ------- 10535
Breakdown of   POWERTRADE   BULLS LAST STAND POINT OF THE DAY will open targets for ----10330

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.