Sunday, 4 March 2012

REVIEW OF 1st Mar 2012 AND UPDATE FOR Mar 4th 2012

NIFTY  FUTURE – 1st Mar  Recap

NIFTY FUT we mentioned that the TREND DECIDER OF the day is 5410, check the morning high (5409.8). Markets failed to sustain above it and fell exactly to make a low above our mentioned crucial   support band at 5345 levels and check the lows made in the panic fall a morning (5351). NIFTY FUT pulled back smartly from there to attempt the TREND DECIDER OF the day and above it to make a high above the resistance mentioned at 5445. Hope again following the levels worked great for traders.

Our NIFTY FUT subscribers went long above 5395 and booked profits all the way till 5335 levels .What trade did you take?
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 NIFTY FUTURE – 4th   Mar Trading Guide
NIFTY FUT faces immediate resistance at 5400-10 zone, trading below which now will attempt the crucial support band of 5351-65. IF still manages to trade below it can see some panic selling. On the Upside resistance now comes at 5425 and trading above which attempt 5435-45 levels. Further trading above which can again can attempt the highs of 5465

 POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5435-45 sustaining above which it will target, 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

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