REVIEW OF 1st Feb 2012 AND UPDATE FOR 2nd Feb 2012

NIFTY FUTURE – 1^st Feb  Recap

NIFTY FUT  we wrote that the Trend decider of the day is 5170-5180, markets made an exact low there and blasted through the roof to hit our resistance zone(High again made 3 pts within our marked resistance). Giving solid gains for intra traders. Check how our levels again exactly matched.

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NIFTY FUTURE – 2nd  Feb Trading Guide

NIFYT FUT gave another strong closing, as we mentioned yesterday Momentum wise NIFTY FUT looks poised for further upmove and advised longs on dips, Hope it worked great for all the followers.NIFTY FUT now has support near the 5230-40 zone.Break of that can test again 5200 levels. On the Upside sustained trading above the 5275 zone NIFTY FUT can target 5325 levels.

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5325-5330 sustaining above which it will target 5350,above that 5400
POWERTRADE TREND DECIDER OF THE DAY ------- 5225-5235
POWERTRADE BULLS LAST STAND POINT OF THE DAY -------5180-5200
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ----5100,5080

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