REVIEW OF 1st Mar 2012 AND UPDATE FOR 2nd Mar 2012

NIFTY  FUTURE – 1^st Mar  Recap

NIFTY FUT we clearly mentioned that 5400 will hold the key, check what happened after market opened and crashed below 5400.Also mentioned support at 5425, check again market opened below it and immediately fell. We also mentioned that the last Support is 5335, check the lows of the day made (5341). Markets again reacted very well within our levels, We mentioned that Hourly momentum signals have not given a clear signal and hence may give some choppy sessions, hence yesterday we just witnessed that, breaking of critical levels along with sharp bounce backs, what to expect today read on.

 Our NIFTY FUT subscribers booked had a double gain day today, initially they went short below 5395 and booked gains near 5365 and again went short later in the second half near 5375 and booked gains all the way till 5350 levels.What trade did you take?

.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 – 2^nd  Mar Trading Guide

NIFTY FUT now faces immediate support at 5359-65  zone, trading below which now will attempt the crucial support band of 5335-45. IF still manages to trade below it can see some panic selling. On the Upside resistance is at 5400-10 band trading above which can make it favorable for the bulls. Further resistance lies at 5425,5445 and crucial resistance is at 5465.Hourly momentum indicators still don’t reflect any decisive direction on charts.

 POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5425-35 sustaining above which it will target ,5445,5465,5495
POWERTRADE TREND DECIDER OF THE DAY ------- 5400-10
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5335-5345
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----5305,5275,5255
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.