REVIEW OF 7th Mar 2012 AND UPDATE FOR 9th Mar 2012

NIFTY  FUTURE – 7^th  Mar  Recap

NIFTY FUT had another choppy session failing to make a clear head away in any direction. We mentioned holding 5230 will be important and once NIFTY FUT managed to move above that level it attempted the TREND DECIDER of the day and made a high below BEARS LAST STAND POINT, couldn’t manage to cross it and then fell all the way. We mentioned below 5230 can attempt 5200 and check the day’s low again (5201), exactly at our level.

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Our NIFTY FUT subscribers went long above 5255 and booked profits just in time at 5275 levels.It is always important to be alert in booking profits for intra players. Our subscribers are doing stress free trading everyday getting into the trades before markets move

NIFTY FUTURE – 9^th   Mar Trading Guide

NIFTY FUT closed at an intermediate level without giving any clear direction. For bulls to be in control  NIFTY FUT need to be trading above the 5310 levels and BEARS will have a strong grip below 5175. NIFTY FUT now faces immediate resistance at 5280 trading above which can attempt 5310. Downside immediate support now comes at 5230-45 zone.  NIFTY FUT need to break outside either of this critical range. Momentum indicators are showing signs of reversals and hence if NIFTY Manages to sustain above the highs of Wednesday may move up.Lets watch out how it plays

 POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5305-5310 sustaining above which it will target, 5325,5345,5365
POWERTRADE TREND DECIDER OF THE DAY ------- 5285-95
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5210-5200
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----5175, 5155,5125

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