NIFTY FUTURE – 24th May Recap
NIFTY FUT we were spot on with the analysis this time and genuinely hope it translated into huge gains for our readers. We mentioned that “We should see some good movement for either the breach of 4765 levels on the downside or 4955 levels on the upside” and look what happened to NIFTY FUT once it broke out of that range. Giving instant gains for intraday traders. Also observe how the targets worked, once past our BEARS LAST STAND POINT it did all upside targets and made a closing high exactly at our final target (4925).
NIFTY FUTURE – 25th May Trading Guide
NIFTY FUT gave a strong pull back and closing above the 4900 levels clearly indicating that 4790-4800 is emerging as a robust support zone for the BULLS. Not sure how many of you remember but we wrote a few days back “ that looks like this upside rally is not done yet”. But now at the same time we warn the BULL Players that the recent fall has broken a lot of important levels, and BULLS need few more sustained closing like this before we are convinced. So while we enjoy the rally its critical to trail tight and be agile in booking on the upside. NIFTY FUT has immediate resistance at 4935-45 levels and trading above that will attempt 4965-75 levels. On the downside immediate support emerges at 4880 and a breach of that will bring the BEARS into action again.
POWERTRADE BEARS LAST STAND POINT OF THE DAY -----4975-80 sustaining above which it will target 4995,5025,5040
POWERTRADE TREND DECIDER OF THE DAY ------- 4880-85
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------4850-55
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 4835,4810,4790
NIFTY FUT we were spot on with the analysis this time and genuinely hope it translated into huge gains for our readers. We mentioned that “We should see some good movement for either the breach of 4765 levels on the downside or 4955 levels on the upside” and look what happened to NIFTY FUT once it broke out of that range. Giving instant gains for intraday traders. Also observe how the targets worked, once past our BEARS LAST STAND POINT it did all upside targets and made a closing high exactly at our final target (4925).
Our NIFTY FUT subscribers
too had a blast of a day going long above 4840 and booking final profits all
the way till 4895 levels making it a huge day of success after the smart trade
yesterday on pure range bound session. Are you still guessing where to
trade.Did you take a similar trade and captured the opportunity? Are you still
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NIFTY FUTURE – 25th May Trading Guide
NIFTY FUT gave a strong pull back and closing above the 4900 levels clearly indicating that 4790-4800 is emerging as a robust support zone for the BULLS. Not sure how many of you remember but we wrote a few days back “ that looks like this upside rally is not done yet”. But now at the same time we warn the BULL Players that the recent fall has broken a lot of important levels, and BULLS need few more sustained closing like this before we are convinced. So while we enjoy the rally its critical to trail tight and be agile in booking on the upside. NIFTY FUT has immediate resistance at 4935-45 levels and trading above that will attempt 4965-75 levels. On the downside immediate support emerges at 4880 and a breach of that will bring the BEARS into action again.
POWERTRADE BEARS LAST STAND POINT OF THE DAY -----4975-80 sustaining above which it will target 4995,5025,5040
POWERTRADE TREND DECIDER OF THE DAY ------- 4880-85
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------4850-55
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 4835,4810,4790
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