REVIEW OF 19th June 2012 AND UPDATE FOR 20th June 2012

NIFTY  FUTURE – 19^th  June  Recap

NIFTY FUT traders had a pretty tough day with very high volatility uncertain movements for most part of the day. These days are best left alone. But amid this volatility our levels did provide some hint of direction. NIFTY FUT mostly oscillated between the TREND DECIDER of the day and the BULLS LAST STAND point, giving two contrarian trading opportunities. We mentioned that “NIFTY FUT has immediate support at 5045” check the intra day low made (5047). In the late afternoon session volatility was very unusual not only in our market but other global markets too. NIFTY FUT managed to surface above and close above 5100 levels hints that despite the RBI inaction BULLS are still not giving the game away.

Our NIFTY FUT subscribers went short at 5065 levels and closed the short at 5070 levels seeing an adverse movement. Not much of action for our traders today.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. 

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 – 20^th  June Trading Guide

NIFTY FUT managed to close above 5100 levels today, indicating crucial support is emerging at the 5050-30 zone for positional players. NIFTY FUT faces immediate resistance at 5120 levels and trading above that will attempt 5140-45 levels. On the downside support now emerges at 5090 levels and below it will test 5065-70 levels.

If NIFTY FUT manages to surface above 5145 levels will make dash to test the crucial positional resistance of 5185-90 now. Momentum indicators did another dramatic whipsaw today and now point towards an upward movement. This will only happen if NIFTY FUT manages to trade above 5090 in the short run.



 POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5140-45 sustaining above which it will target 5180,5205,5230
POWERTRADE TREND DECIDER OF THE DAY ------- 5085-90
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5045-50
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----  5030,5004, 4965

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.