Sunday, 22 April 2012

REVIEW OF 20th Apr 2012 AND UPDATE FOR 23rd Apr 2012

NIFTY  FUTURE – 19th  Apr  Recap

NIFTY FUT we mentioned that faces immediate resistance at 5475 levels. NIFTY FUT managed to go up in the morning and made a high just below that level. We also wrote that the  TREND DECIDER of the day is 5330-35, NIFTY FUT once slipped below that level made a low near the BULLS LAST STAND point  level and break of that did all our downside targets.
Our  subscribers pretty much inline with our levels went long at 5332 and booked profits  at 5349. 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 – 23rd    April Trading Guide

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NIFTY FUT now faces immediate resistance at 5330-35 levels  sustaining above which now it can attempt 5350 levels. With the break of the 5330 levels and a close below it the momentum has again shifted in favor of the BEARS. Downside support now comes at 5255 levels and sustaining below it will see further slide in the market

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5360-65   sustaining above which it will target 5395,5410,5435
POWERTRADE TREND DECIDER OF THE DAY ------- 53 30-35
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5250-55
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5225,5210,5180

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

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