Thursday, 19 April 2012

REVIEW OF 19th Apr 2012 AND UPDATE FOR 20th Apr 2012

NIFTY  FUTURE – 19th  Apr  Recap

NIFTY FUT we mentioned that the TREND DECIDER of the day is 5330-35, check what happened to NIFTY FUT once managed to cross that level, made a high exactly at 5355-65 (our mentioned level in Yesterday’s post). NIFTY FUT gave double trading opportunity today. It again made a dip towards our crucial level of 5330 and pulled back to make a similar high again. We mentioned that level of 5330 very clearly for all our readers. Hope everyone had one of those

Our  subscribers pretty much inline with our levels went long at 5330 and booked profits  at 5356. What was your trade hope you followed the levels correctly. Worried about what take to trade. Subscribe to our premium calls and leave your trade entry and exit worries to us.  
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NIFTY FUTURE – 20th   April Trading Guide

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NIFTY FUT now faces immediate resistance at 5375 sustaining above which now 5400 is on the cards. Immediate support now emerges at 5330 levels. Only a breach of this will see a serious downside risk for longs now. We mentioned that BULL Players will be active Short term momentum indicators point to further upside on the cards for now and this will hold true until 5330 holds.

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5410-15   sustaining above which it will target 5430,5455, 5480
POWERTRADE TREND DECIDER OF THE DAY ------- 5330-35
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5290-95
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5275,5255,5225

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

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