Sunday, 17 June 2012

REVIEW OF 15th June 2012 AND UPDATE FOR 18th June 2012

NIFTY  FUTURE – 15th  June  Recap
NIFTY FUT we mentioned that the TREND DECIDER of the day is 5085, check the market reaction once it managed to sustain above that level. It made a move towards our BULLS LAST STAND POINT and do more upside targets.

We clearly wrote “. On the upside 5085-90  will form a  resistance now and trading above which NIFTY FUT will attempt the 5120 levels again”  NIFTY FUT managed to close above the crucial resistance zone? What’s the next move?

 Our NIFTY FUT subscribers went long at 5090 and booked final profits all the way till 5140 and made a god come back day after a few days of small trades. Where to take the next trade? Did you catch the move in the right time?..... 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 – 18th  June Trading Guide

NIFTY FUT managed to close above the crucial resistance zone of 5140 levels , hence the 5125-35 band will now prove to be the immediate support zone. On the Upside important positional resistance emerges at 5180 levels. And trading above that can propel NIFTY FUT to target 5300 levels on a positional basis.  On the downside crucial support now emerges at 5085-90 and a break below that will again test the lows of 5050 levels.  Trading above 5180 another resistance comes at 5205 levels and above that next target is around 5230 levels.

Momentum indicators are now pointing upwards so until 5130 holds look for longs in pull backs or breakouts of upside zones.

 POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5205-10   sustaining above which it will target 5230,5255,5270,5300
POWERTRADE TREND DECIDER OF THE DAY ------- 5180-85
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5100-05
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----  5090,5070,5050
Detailed analysis also posted at www.powertrades.blogspot.com

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