REVIEW OF 27th Feb 2012 AND UPDATE FOR 28th Feb 2012

NIFTY  FUTURE – 27^th  Feb  Recap

NIFTY FUT check our BULLS  LAST STAND POINT of the day and check the market reaction below that point. Markets opened near that zone and failed to sustain above it and crashed all the way giving not a single chance to BULLS to do all the downside targets.Further it went into panic mode when once cracked our critical positional support levels mentioned. After a week of range bound trading markets had opened up to give good daily range movements for intra players. Now what next on NIFTY? Read on below for more details.  

Our NIFTY FUT subscribers went short near 5446 and booked profits all the way till 5380 making it anther day where our followers were in the market even before smart money entered and pulled it down, Also the followers of this blog will remember our positional players went short at 5620 levels and are in huge gains in 3 sessions only. Did you miss this swing? Or were you in the market this early?

Are you still Awestruck with the accuracy of our sureshot research to detect market turning points in advance? Unable to trade accurately ...Get in touch with our helpdesk at www.powertrade.co.in...Team Powertrade will show you the way to a more confident and stress free trading advisory service.

 NIFTY FUTURE – 28^th   Feb Trading Guide

NIFTY FUT now faces immediate resistance at 5365-75 range, For positional long players NIFTY FUT need to move above the 5400 zone. Support now emerges at 5300 levels and below that 5255 which is the 38.2% retracement level of this entire up move. Hourly charts are now over sold , so chances are to expect some pull back if the lows of the day manages to hold.   

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5400-5410  sustaining above which it will target 5435,5465
POWERTRADE TREND DECIDER OF THE DAY ------- 5365-75
POWERTRADE BULLS LAST STAND POINT OF THE DAY -------5305-5294

Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----5255,5225

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