Tuesday, 24 April 2012

REVIEW OF 24th Apr 2012 AND UPDATE FOR 25th Apr 2012

NIFTY  FUTURE – 24th    Apr  Recap
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NIFTY FUT we mentioned that a contrarian trading opportunity is on the cards and check what happened to NIFTY FUT yesterday, it failed to break our crucial 5180 support and pulled back to make a high just below our TREND DECIDER of the day. Even in a small range bound day our levels worked like magic
Our  subscribers had a decent day give that it was range bound day, went long at 5199 and booked profits near 5220. 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 – 25th   April Trading Guide

NIFTY FUT now has immediate support at 5200 levels  and sustaining below it will see further downside to test the crucial support of 5180. On the upside now resistance comes at 5255-60  levels . Short term momentum indicators are on the verge of a turn around which will only be confirmed once NIFTY FUT manages to close above 5260 levels.

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5255-60   sustaining above which it will target 5275,5290,5310,5330
POWERTRADE TREND DECIDER OF THE DAY ------- 5200-05
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 ---- 5135, 5110,5086
Detailed analysis also posted at www.powertrades.blogspot.com

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