REVIEW OF 18th June 2012 AND UPDATE FOR 19th June 2012

NIFTY  FUTURE – 18^th  June  Recap

NIFTY FUT we mentioned that the TREND DECIDER of the day is 5185,  check the market high made just above it (5191). Check the market reaction once it didn’t hold that levels. While the reaction was definitely bought on by the RBI action, but let us just see even in this mayhem how the levels got followed. Markets crashed to test our BULLS LAST STAND point that is 5100 and once failed to sustain that level for a while crashed all the way below to do our downside targets.

Our NIFTY FUT subscribers went long  early in the morning at 5185 and closed the trade just in nick of time at 5170. We didn’t take any further trade on NIFTY FUT for the day. But the trade of the day was our BANKINDEX trade. Went short below 10090 and booked final profit at 9720. Massive gains again for our subscribers. 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 – 19^th  June Trading Guide

NIFTY FUT crashed through the day to test the crucial support of 5020. The RBI action was a cruel shock to the market. Though fundamentally we think that’s a fair call by RBI not to buckle down under all round pressure. The crisis this time is not like 2008 in a way that liquidity is not a genuine concern. Also this will mean that the inflation will not be boosted in the short run.

NIFTY FUT turned negative position ally once it managed to close below 5100 levels. NIFTY FUT has immediate support at 5045 and crucial positional support now comes at 5020 levels. On the upside NIFTY FUT faces immediate resistance at 50955100 levels and trading above that will attempt 5125-30 levels. With today’s breakdown momentum indicators have again turned negative and will remain so until NIFTY FUT surfaces above 5125 levels.


 POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5130-35   sustaining above which it will target 5155,5180,5205,5230
POWERTRADE TREND DECIDER OF THE DAY ------- 5100-05
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5020-25
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----  5004, 4965,4940
Detailed analysis also posted at www.powertrades.blogspot.com

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