REVIEW OF 6th Feb 2012 AND UPDATE FOR 7th Feb 2012

NIFTY FUTURE – 6^th   Feb  Recap

NIFTY FUT Finally touched our Target zone for Long traders that we have been talking over the past few days of near 540 Levels. NIFTY FUT may face some resistance and consolidation here. If manages to cross this zone too then only further Upside is Possible

Our Intra subscribers went Short near 5380  levels and booked final profits near 5340,giving huge gains to Short players

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 NIFTY FUTURE – 7^th   Feb Trading Guide

NIFYT FUT closed flat after a gap up an some intraday consolidation. Long players now only should look for Longs in Dips or the clear break out of 5405 zone, where NIFTY FUT faces immediate resistance. If  NIFTY FUT still manages to cross that zone further upside upto 5430,5450 zone is possible. Downside support now emerges at 5330-35 zone, breaking of that may lead to retest of 5285-95 levels

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5405  sustaining above which it will target 5430,above that 5455
POWERTRADE TREND DECIDER OF THE DAY ------- 5430-35
POWERTRADE BULLS LAST STAND POINT OF THE DAY -------5285-5295

Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ----5270,5240

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