NIFTY  FUTURE – 1^st June  Recap

NIFYT FUT we mentioned that 4880 holds the key and check the market reaction once 4880 broke; it gave away 30 odd points instantly and almost 50 points in the entire swing. We clearly mentioned that this will hold the last bastion for the BULL players and a decline below that can see some more downside movement. This is a very weak start to the June series, but I guess intra players will not mind until they see some movement which can be traded. For positional players until 4880 is taken out or new levels are formed short will be the flavor of the day.  If readers remember, few days back we wrote that major supports were broken and the upside needs to be supported by few more sustained closes to seriously consider longs.

Our NIFTY FUT subscribers had a fantastic start to the June series, just as advised in the blog we went short below 4880 and booked profits all the way till 4830 levels. Making it a massive day of gains for our subsrcribers..... 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. 

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.

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

NIFTY FUTURE – 4^th June Trading Guide

NIFTY FUT  had a weak close and now faces immediate resistance at 4825 levels, trading below it will attempt lower levels all the way upto 4780 and lower. On the upside trading above 4825 levels will test 4855-60 and beyond that 4880 will prove a serious barrier. On the downside crucial positional support emerges at 4865 and a breach of that will lead to more blood bath. Momentum indicators point on further downside movement until 4880 is taken out.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----4880-85  sustaining above which it will target 4900,4925,4953
POWERTRADE TREND DECIDER OF THE DAY ------- 4800-05
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------4760-65

Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----  4745,4725, 4700
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.