NIFTY FUTURE – 21st
Feb
Feb Recap
NIFTY FUTURE – 22nd Feb Trading Guide
NIFTY
FUT now faces immediate resistance at 5625-35 levels. Beyond that the chances
are high it can attempt now 5660 and 5700 levels. Support now comes at 5665-55
range. Trading below which can target 5535 and below that can drift downward to
5500-5510 levels.
NIFTY
FUT traded in a very narrow range mostly within 35-40 points all through the
day giving very little for the intraday traders. NIFTY FUT gave a false break
out above the previous day’s high but couldn’t sustain above that level. Which
was exactly our BEARS LAST STAND POINT? Also check the morning lows, exactly at
our TREND DECIDER LEVEL,markets opened and traded above it all through the day
Our NIFTY FUT subscribers went long abv the resistance zone of
5620 but due to the failed breakout and lack of movement closed the trade in
minor losses.
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POWERTRADE BEARS LAST STAND POINT OF THE
DAY ----- 5625-5635 sustaining above which
it will target 5660-65,5700
POWERTRADE TREND DECIDER OF THE DAY ------- 5555-65
POWERTRADE BULLS LAST STAND POINT OF THE DAY -------5535-40
Breakdown and sustaining below POWERTRADE BULLS LAST
STAND POINT OF THE DAY will open target for support of ----5510,5475POWERTRADE TREND DECIDER OF THE DAY ------- 5555-65
POWERTRADE BULLS LAST STAND POINT OF THE DAY -------5535-40
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