REVIEW OF 23rd Mar 2012 AND UPDATE FOR 26th Mar 2012

NIFTY  FUTURE – 23^rd  Mar  Recap

NIFTY FUT had a choppy day but again followed our levels brilliantly. WE mentioned that the TREND DECIDER of the day is 5255, markets opened just there and once managed to trade above it scaled higher levels. Also we mentioned that the BEARS LAST STAND point of the day is 5330 levels, check the markets high made (5328), failing to cross that markets again attempted the TREND DECIDER levels nearly.
Our subscribers had another Profitable day making It a great trading weeks, adding to their account again.  For Today we went long near 5360 and booked profits all the way till 5325 making it a big day for our traders What trade did you take, were you able to capture the gains both ways?
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NIFTY FUTURE – 26^th   Mar Trading Guide
NIFTY FUT now faces immediate resistance at 5325-30 trading above which it can attempt 5355 levels. On the downside support comes at 5260-65 trading below which it can again test 5230 levels. NIFTY FUT had two days trading in different directions completely. Break out or down of any of the recent tops or bottoms will only signify the further course of action for NIFTY FUT.

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5325-30 sustaining above which it will target, 5365,5390
POWERTRADE TREND DECIDER OF THE DAY ------- 5260-65
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5220-5225
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----5175, 5150,5110

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