REVIEW OF 2nd May 2012 AND UPDATE FOR 3rd May 2012

NIFTY  FUTURE – 2^nd May  Recap

NIFTY FUT we mentioned that “resistance at 5300 zone” check the high made on NIFTY FUT today exactly at our given levels. We also mentioned that immediate resistance in NIFTY FUT is 5285, check the charts today, once failed to sustain above it went down to test 5250 and then below it near 5230 levels as clearly mentioned in the blog. How are we getting these levels right day in and day out? Spend 5 minutes on the daily levels to take more informed trades.

Our  subscribers went long at 5291 and closed the trades at 5280 once the level was breached. Making it our first hit in many days. Banknifty players though had a good day, going short at 10345 and booking profits at 10290. Worried about what take to trade. Subscribe to our premium calls and leave your trade entry and exit worries to us. 

Are you trading with Powertrade affiliated brokers? If yes then claim your fabulous discount .Get one month of Powertrade calls free. Else just sign up and trade under our partner broker Today . For details contact us

Are you still Awestruck with the accuracy of our sureshot research to detect market turning points in advance? Unable to trade accurately ...Get in touch with our helpdesk at www.powertrade.co.in...Team Powertrade will show you the way to a more confident and stress free trading advisory service.

NIFTY FUTURE – 3^rd  May Trading Guide

NIFTY FUT now has immediate support at 5230-35 levels  and any trade below it will test the 5200 zone. Immediate upside resistance now comes at 5260-65 and sustaining above which will propel NIFTY FUT to test yesterday’s high and beyond. BULLS will have to be very cautious for any break of 5200 levels and for BEARS the key upside zone remains at 5330.

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5325-30   sustaining above which it will target 5340, 5355, 5365,5400
POWERTRADE TREND DECIDER OF THE DAY ------- 5260-65
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5200-05
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5185, 5165,5145

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

We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.