Wednesday, 28 March 2012

REVIEW OF 28th Mar 2012 AND UPDATE FOR 29th Mar 2012

NIFTY  FUTURE – 28th   Mar  Recap
NIFTY FUT opened gap down and made a exact low near our TREND DECIDER(5210) of the day, once failed to break below it pulled back to give a low risk trade set up for intra traders. Just see what happened to NIFTY FUT once it broker our TREND DECIDER it made an exact low near our BULLS LAST STAND POINT (5175) of the day, from where again it pulled back to attempt our TREND decider levels.
Our subscribers went long at 5210 levels and booked gains at the right time near the day’s high at 5245. we were able to exit in time before the fall. This was also due to the fact that we believe in regular profit bookings and locking our gains.
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 – 29th   Mar Trading Guide

 NIFTY FUT now faces immediate resistance at 5210  trading above which it can attempt 5235-45  levels. On the downside  crucial support still comes at 5170-75 levels and any close below that can spell doom for bulls. We strictly advice to cut down long positions and add on shorts below that zone. Contrarian traders should look for sustenance above 5210 to initial long trades again. Key positional Resistance now comes at 5295 levels.

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5235-45 sustaining above which it will target, 5265,5290, 5310
POWERTRADE TREND DECIDER OF THE DAY ------- 5200-10
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5170-75
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----5140, 5120,5105

Detailed analysis also posted at www.powertrades.blogspot.com

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