NIFTY FUTURE – 7th June Recap
NIFTY FUT gave a tough day for intra day traders , where barring the spikes most of the movement was within 30-40 odd points. This was a day of consolidation after a big move. We clearly mentioned yesterday that NIFTY FUT need to trades above yeterday’s high to be able to continue the upmove. Look at the pattern for 7th June, opened high, then made a low near yesterday’s close and pulled back towards open high again, failing to convincingly break it after multiple attempts, and look what that level was? It was the BEARS LAST STAND POINT of the day, clearly mentioned for our readers. So anyone going long knew exactly where to book profits.
Our NIFTY FUT subscribers had a decent day going long near 5005 and booking profits at 5026. Given a short range day, we thought it was a decent day.. What was your trade today? 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.
NIFTY FUTURE – 8th June Trading Guide
NIFTY FUT opened high and topped near our BEARS LAST STAND point. And failed to sustain above it. Once it manages to trade above this zone of 5030-35 it faces immediate resistance at 5050-55 levels. If fails to sustain above this can see a slide till 5005 levels on the downside and the breach of that will test 4980 levels. Momentum indicators are indicating on the over bought side, but if manages to hold above 5035 long players should feel safe. Short players may look for contrarian quick trades at higher levels.
POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5055-60 sustaining above which it will target 5075, 5100,5125
POWERTRADE TREND DECIDER OF THE DAY ------- 5000-05
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------4980-85
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----4955, 4900,4880
Detailed analysis also posted at www.powertrades.blogspot.com
NIFTY FUT gave a tough day for intra day traders , where barring the spikes most of the movement was within 30-40 odd points. This was a day of consolidation after a big move. We clearly mentioned yesterday that NIFTY FUT need to trades above yeterday’s high to be able to continue the upmove. Look at the pattern for 7th June, opened high, then made a low near yesterday’s close and pulled back towards open high again, failing to convincingly break it after multiple attempts, and look what that level was? It was the BEARS LAST STAND POINT of the day, clearly mentioned for our readers. So anyone going long knew exactly where to book profits.
Our NIFTY FUT subscribers had a decent day going long near 5005 and booking profits at 5026. Given a short range day, we thought it was a decent day.. What was your trade today? 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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details contact usNIFTY FUTURE – 8th June Trading Guide
NIFTY FUT opened high and topped near our BEARS LAST STAND point. And failed to sustain above it. Once it manages to trade above this zone of 5030-35 it faces immediate resistance at 5050-55 levels. If fails to sustain above this can see a slide till 5005 levels on the downside and the breach of that will test 4980 levels. Momentum indicators are indicating on the over bought side, but if manages to hold above 5035 long players should feel safe. Short players may look for contrarian quick trades at higher levels.
POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5055-60 sustaining above which it will target 5075, 5100,5125
POWERTRADE TREND DECIDER OF THE DAY ------- 5000-05
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------4980-85
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ----4955, 4900,4880
Detailed analysis also posted at www.powertrades.blogspot.com
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