REVIEW OF 19th Mar 2012 AND UPDATE FOR 20th Mar 2012

NIFTY  FUTURE – 19^th  Mar  Recap

NIFTY FUT opened exactly below our TREND DECIDER of the day and failed to trade above it, first testing our BULLS last stand point and then doing all our downside targets. Again see how the levels are holding and once beyond one of those levels market tends to make a decisive move.

As advised on the blog, our NIFTY FUT positional subscribers exited and booked huge profits on their positional shorts, though some downside may be still left we have advised our subscribers to wait for some consolidation and re-enter.. Getting into the right trend in advance capturing the moves before even smart money and big players move in. What was your trade?

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 – 20^th   Mar Trading Guide

NIFTY FUT  now faces immediate resistance at 5300-10, trading above which can give a technical bounce back to 5340 and 5360 levels. Near term support now emerges at 5255-65. Trading below which it can test the crucial positional support of 5200-10 levels. NIFTY FUT is now highly oversold on short term momentum charts and hence trading above 5300 may give a good contrarian long side trading opportunity with low risk

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5345-5355  sustaining above which it will target, 5375,5395
POWERTRADE TREND DECIDER OF THE DAY ------- 5300-10
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5250-55
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----5235, 5210,5180

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