REVIEW OF 14th Mar 2012 AND UPDATE FOR 15th Mar 2012

NIFTY  FUTURE – 14^th  Mar  Recap

NIFTY FUT we clearly wrote that there is still some upside left on this upmove and it is important to sustain above yesterday’s high.It couldn’t had been more closer than this. Day’s low made exactly at previous day high, before a smart pull back happened. We also mentioned that the BEARS LAST STAND POINT is 5515-20. Markets opened above it but immediately fell below that level to drift downwards. Both ways the levels again proved useful in taking the right trade.

Our NIFTY FUT subscribers went long near 5483 and booked profits near 5505 making it another good day for our subscribers. Getting into the right trend in advance capturing the moves before even smart money and big players move in. What was your trade?

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NIFTY FUTURE – 15^th   Mar Trading Guide

NIFTY FUT failed now faces immediate resistance at 5515 trading above which will attempt the key resistance zone of 5545 and 5560. Only sustaining above it will propel it to higher levels. Downside support now comes at 5470  trading below which will attempt the break out zone of 5450  again. Momentum indicators are on the verge of a turn around, longs can only sustain if markets move above 5515 zone

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5560-5565 sustaining above which it will target, 5585, 5590,5630
POWERTRADE TREND DECIDER OF THE DAY ------- 5515-20
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5465-70
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----5450, 5425,5305