Thursday, 10 May 2012

REVIEW OF 10th May 2012 AND UPDATE FOR 11th May 2012

NIFTY  FUTURE – 10th  May  Recap

NIFTY FUT we mentioned that the BEARS LAST STAND point of the day is 5035, NIFTY FUT made a spike high just around that level and failed to sustain in that zone and broke through 5000 levels to make an exact low again at our TREND DECIDER of the day. Check the day’s low made and check our TREND DECIDER, we were again spot on with the analysis of the levels. We also mentioned that once NIFTY FUT crosses 5005 will attempt the 5030 levels and that target too got attained in a jiffy our NIFTY future followers

Our subscribers went short just like our advice at 5032  and booked profits all the wat till 4985. Thanks again to the volatility and our ability to spot the turnaround points have given us huge gains for our subscribers this trading month. Are you still guessing where to trade.Did you take a similar trade and captured the opportunity? Are you still worried where to take the trade entries? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
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NIFTY FUTURE – 11th May Trading Guide

NIFTY FUT we mentioned that we should see some range contraction and NIFTY FUT pretty much stayed within the same trading range yesterday. Hence the trading levels will pretty much stay the same. NIFTY FUT now faces immediate resistance at 5005 again, trading above which will attempt 5035-40 levels. On the downside support has now emerged at 4945-55 band and any breach of this this time can see the markets tumble on a serious note. Positional BULLS now can spell some relief for a close above 5055 zone. But crucial level to watch out still remains as 5180. Stock investors specially dealing with index stocks also should consider that level as the trend decider. The breach of these immediate levels will decide the next leg of direction of the market

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5040-45 sustaining above which it will target 5085,5205, 5225
POWERTRADE TREND DECIDER OF THE DAY ------- 5001-06
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------4940-50
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----  4920,4875,4840

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

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