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NIFTY FUTURE- Review of 2^nd May

NIFTY FUT – A fantastic trading day for the readers and traders of our blog. We had mentioned that 5910 levels will be the TREND DECIDER and above that markets will trade with a positive bias and the break zone was mentioned as 5935 trading levels.
Lets Review what we  had wrote and how markets reacted. We had discussed that the BEARS LAST Stand point is 5930. Meaning trading above that zone markets will clearly favor the BULLS. Look at the market low in the opening minutes. Yes You guessed it right. Exact Low made was at 5930. This meant that the clear trading direction was established once markets managed to sustain above 5930 trading levels.

We also advised that folks can try a pull back trade with stops and reversal above 5965 zones. Now that’s where a little on market improvisation comes in. As  a trader we see that the low made is above BEARS LAST stand point and at the same time the swing hurdle was almost tested. So a risky trader can take a quick trade or a safe trader can just wait to see for a confirmation. Either way once 5965 was taken out it blasted to do all upside levels.

Our traders went long at 5952 levels and booked gains all the way till 5995 trading levels. Making it a big day for the traders just following the levels and with price point analysis.


NIFTY FUT managed a strong pull back and closed strongly above 6000 levels. What is up next where are the next levels to watch out for? Read our analysis for the next session

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NIFTY FUTURE – 3rd  April  Trading Guide

NIFTY FUT – Proved all the analysts wrong who had jumped the gun to declare they are short and predicted sever downsides for the market. We saw a slew of analysts yesterday when markets breached the 5900 levels yesterday on an intraday basis to be proved wrong by the end of the day.

The problem that  I have observed is instead of being more focused on analyzing and following the markets analysts instead are busy predicting the markets to go to this level and that level. Yes I agree that may happen but for once just try and follow the way it is playing at the current time. Why predict. Let us just analyze the current situation and the current trend. Every analyst these days wants to be a prophet trying to predict the market move sometimes funnily by 500 points or more.

Coming back to NIFTY FUT. It will find immediate support at the 5990-6000 levels and trading above that zone it can go onto attempt the swing hurdle levels of 6035. Yes that’s the immediate level to watch out for in the coming session. This is a strong swing hurdle and trading above that  can  start the next leg of upmove all the way till 6125 levels on a swing basis.

From an intraday point of view NIFTY FUT will attempt the 6065 levels once it manages to move above 6035 levels.

On the downside a breach of 5990 this time will ensure that market may again test the downside levels of 5965 trading levels.

This should act as a support and supply zone all the way upto 5935 levels and only a breach of that can mean that the break out yesterday was a false one and can kind of signal an end of the uptrend.

Trading levels for the day:                                                                                                   

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 6025-30 sustaining above which it will target 6060,6090,6125
POWERTRADE TREND DECIDER OF THE DAY -------5990-6000
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5960-65
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5935,5900