REVIEW OF 27th Mar 2012 AND UPDATE FOR 28th Mar 2012

NIFTY  FUTURE – 27^th   Mar  Recap

NIFTY FUT we mentioned that 5175 is a key support and downside will happen beyond that and also reversal to long position was advised above 5230. Check the charts yesterday, both contrarian traders and trend traders had a good day either going long with the support in mind or creating longs in break out of our levels. Again check how important did the TREND DECIDER proved to analyze the direction of the market. Hope all of our readers again had a good trading day, capturing the move based on our levels.

Our subscribers went long at 5200 levels and booked massive profits all the way till 5265 levels. What trade did you take, were you able to capture the gains and book profits in the right time as our subscribers
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NIFTY FUTURE – 28^th   Mar Trading Guide

 NIFTY FUT now faces immediate resistance at 5270 trading above which it can attempt 5295 levels. On the downside support comes at 5220-10 trading below which it can again test 5185 levels. 5175 will again prove to be the positional trend decider. Sustenance below this level can test 5115-20  levels.  On the upside once trading above 5295 NIFTY FUT can attempt 5330, which will prove as a positional trend decider for the Bulls. With yesterday’s upmove short term momentum indicators have reversed as we mentioned above 5230.

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5290-95 sustaining above which it will target, 5312,5325,5365
POWERTRADE TREND DECIDER OF THE DAY ------- 5210-20
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5175-80
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----5140, 5120,5105

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