NIFTY FUT hits crucial retracements of 6090. How to trade it from here?

NIFTY FUTURE-24^th   May Trading Guide

Hope you folks managed to have a look at the long term chart analysis for the bank nifty future that we posted based on the classical cup and handle pattern.

Coming back to NIFTY FUT readers will recall that we had mentioned that 6090 trading levels are a strong swing supply zones and they are the downside targets below 6140 and lower. Today markets marked a low there at the 6080-90 zones and managed to sustain that zone and pull back and close above 6100 trading levels.

Keeping that in view 6125 levels will form as the immediate trend decider and trading above that markets will start displaying a positive bias.  On the downside 6090-6100 will be the supply and support zone and a break of that can see  NIFTY FUT drift to 6050-6060 trading levels.

On the upside true bullish nature will be back on clear of 6150-55 trading levels and that at the same time will form as a crucial swing hurdle.

So whats the trading strategy we can adapt at this stage. Look for pull back longs with stops below 6090 and reversal below that and look for pull back shorts at 6140 trading levels with stops above 6155 and reversal above that.

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 6150-55   sustaining above which it will target 6190,6225
POWERTRADE TREND DECIDER OF THE DAY ------- 6120-25
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 6085-90
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 6060,6030

NIFTY FUT fails to clear 6120.Exact top below it. Is the upswing over?Read on

NIFTY FUTURE- Review of 13^th  May

NIFTY FUT –  A day that was marked by part right , part wrong analysis and a trade going wrong for us.
We had mentioned that there is strong swing hurdle at 6120 levels. Today NIFTY FUT marked an exact  top just below that level, high made was 6119, just a point below that level.
Now what went wrong with the analysis versus market reaction. We  expected the market to hold onto the 6030-6036 trading levels , which it didn’t.
That is where our trade went wrong, we went for a pullback trade which didn’t work out and we got hit.
This was a dramatic turn around, and the fact that markets made a top just around the 6120 level also makes it a crucial trading level to watch out for.

BankNifty did outperform the market in the earlier part of the day making a higher high, that’s where our banknifty fut trade yielded a good result. This is also important to do a diversified trading both in a swing or intraday basis. Not keeping all the eggs in one basket gives a smooth equity return curve for the traders.

NIFTY FUT closed below the crucial trading level of 5900 trading levels. What are the levels to watch out for next? Read our analysis for the next session.
                                                                 
Markets top made just at our swing resistance levels of 6120. This is a crucial swing level to watch out for? Where is it headed beyond this point.

Folks who love systematic trading can follow our Automated Stock Calls posted live at our Facebook page : www.facebook.com/powertrade.trading

Time your trades with perfection and high accuracy ? Trade with the specialists of the index. Check out our

Are you looking for complete guided trading without any hassle?.. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 

NIFTY FUTURE – 14^th May  Trading Guide

NIFTY FUT – closed a shade below the crucial level of 5990-6000 trading zones. This was the trading level that markets found support and had bounced to test the 6120 trading zones.

This level of 5990-6000 trading level will be keenly watched out in the coming session. This trading level  will be important on an immediate basis.  Above that now 6025-35 will be a swing hurdle and the resumption of upmove can only be taken seriously if that level is cleared on the upside.

On the downside the next until NIFTY FUT trades below 6005 levels , downside support and targets emerge at 5965 trading levels.  The trading zone of 5965 will be important to watch out for.

In case NIFTY FUT sustains below 5965 it will mean a strong reversal and also mean second consecutive day of the downward move.  From an intraday point of view look for a quick pull back trade above 6005 levels and in case it sustains below that level it will be favor the BEARS.

Safe traders/ swing traders will prefer to keep 6035 as the stop and reversal zone for the upmove. Below that all longs can only be a quick pull back trade only.

Trading levels for the day:                                                                                                   

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 6030-35   sustaining above which it will target 6060,6090
POWERTRADE TREND DECIDER OF THE DAY -------6000-6005
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5959-64
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5930,5904

Markets knocking at 6100. Where are the supports ? Trading strategy here?

NIFTY FUTURE- Review of 8^th  May

NIFTY FUT – We will highlight a few quotes from what we discussed yesterday and then take on the next part of the section. We wrote that:

“On the downside 6030 levels will form as the key support and any dips to that will be bought into in an intraday basis. Intraday mood may become real negative if markets again move below that trading level…..On the upside if NIFTY Fut manages to trade above 6060 zone it will try for upside targets of 6090…..”

These two lines almost described the entire spectrum of the market move. Markets in the morning made a high of 6065 trading levels. This was marked as the BEARS LAST point, we saw that markets failed to sustain around that level and made a dip towards the lower support zones of 6030 odd trading range, this provided an excellent pull back trade opportunity for our traders.

From there on markets pulled back to make a closing high just at our trading level. Yes the high was made at 6089.90… 0.1 less than exact 6090 zones. We did take that pull back trade at 6036 levels and locked in gains till 6070 odd on an intraday basis.

Its also time to visit back what we have been writing for swing trading. Even before 5935 was tested we had mentioned it as a swing trade support. While all analysts were on the short side predicting markets to crash to much lower levels.

Now markets have pulled back 150 plus points from that swing support zones. Where is it headed from here? What are the swing support levels to watch out for?

Folks who love systematic trading can follow our Automated Stock Calls posted live at our Facebook page : www.facebook.com/powertrade.trading

Time your trades with perfection and high accuracy ? Trade with the specialists of the index. Check out our

Are you looking for complete guided trading without any hassle?.. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 

NIFTY FUTURE – 9^th May  Trading Guide

NIFTY FUT –closed the day strong exactly at 6090 trading levels.  This will now form as the immediate hurdle and any sustenance above it for  a while may indicate that markets will go onto to test the crucial levels of 6125 trading levels.

For swing trades we are in good gains and it would be prudent to lock in gains here and wait for the market reaction to emerge beyond 6125. If 6125 is crossed on a sustained basis  we have next swing upsides of 6190 odd trading levels a good potential.

In case markets fail to clear 6125, risky intra day traders may look to take quick short trades with low risks and reversal on sustenance above that.

On the downside now 6060 levels will form as the immediate trend decider and any dips to that level will be a good pull back buy opportunity. Below 6060 levels crucial support comes in at yesterday’s trend decider now at 6030 zones.

Only a break of this zone can see some selling pressure now to test the levels of 5890 and lower.

Trading levels for the day:                                                                                                   

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 6090-95  sustaining above which it will target 6125,6160,6195
POWERTRADE TREND DECIDER OF THE DAY -------6055-60
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 6030-35
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 6005,5870

Did You capture the market moves with our accurate price point analysis and trading levels?

NIFTY FUTURE- Review of 20th Mar

NIFTY FUT –  yesterday we mentioned that the 5750 levels are the immediate TREND DECIDER zones and  we also discussed that below 5735 levels NIFTY FUT may move to 5700 levels  , where option data suggests that we can find some support.
NIFTY FUT went during the day trading session failed to clear the 5750 zones and once 5735 was breached  it went to test exactly the 5700 trading levels.
Now let us review our trading levels and how did we perform with respect to that. Our BULLS LAST STAND point was given at 5735 and a breach of that produced a downside move to exactly test the downside targets.
A small trading session range but levels worked beautifully to give a good trade. We clearly had asked traders to short on rise as until on a swing basis 5800 is not cleared all pull backs on the upside will be resisted.

Now that we have just tested 5700 and barely managed to hold on to it. What are the levels to watch out for.  How to plan the next trading session .


Commodity traders can now follow our Advanced Automated trading signals Live at www.powertrades.blogspot.com
                                                                                                                     
Folks who love systematic trading can follow our Automated Stock Calls posted live at our Facebook page : www.facebook.com/powertrade.trading

Time your trades with perfection and high accuracy ? Trade with the specialists of the index. Check out our unique value added services or our algorithm based trading services.

NIFTY FUTURE –21^st   Mar  Trading Guide

NIFTY FUT barely managed to hold on to the swing support levels of 5700 where it marked an exact low today. Thankfully our readers and traders were well planned for this trade. How to trade the markets at these levels where at one hand it looks weak and at the same time it looks to too stretched and the downside risk reward may not look extremely favorable.

Before we do that let us also review how do we go about planning the trades and what is the systematic approach we take. It’s a step by step process and comes extremely handy.

Review the previous trading sessionà Capture the data both from short term and swing trading time frames à analyze the data with respect to the price points --> combine various levels to arrive at multiple trading opportunities  à Once the trade is planned execute it during market hours

This few step process helps in refining and improving the trades on a consistent basis. One important aspect is to stick to one’s trading plan and take the trade as soon as it reaches your price point.

Now coming back to the trading levels. NIFTY Fut will now face immediate hurdle at 5735 zones and if it manages to clear that will again try to attempt the top today at 5755-60 levels.  Above that we can see price moving all the way upto 5800 levels.
On the downside NIFTY FUT has support at 5700 levels and a breach of that can lead to a test of 5665 and below markets may be poised to test the critical trading levels of  5630 odd zones.
That trading range all the way till 5600 will be keenly watched last time we projected strong support there and our readers took a fantastic low risk trades to get massive swing gains.
We will keep our downside view for now restricted to that zone and see how market trades. At the same time since momentum is on the short side it will be prudent to ride it and keep the shorts on below the 5700 trading levels.

Swing indicator wise the short term momentum indicator are  trading negative and will continue to hold so until it trades below 5765  levels. The mid term momentum indicator are also negative now and will hold so until NIFTY FUT trades below 5825 levels

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5755-60 sustaining above which it will target 5790,5820
POWERTRADE TREND DECIDER OF THE DAY ------- 5730-35
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5700-05
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5665,5635

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.

NIFTY top near 6000 levels? Is it a time for pause- How to Capture the next trading swing.

NIFTY FUTURE- Review of 11th Mar

NIFTY FUT –   Made a intraday to near our projected levels of  6000. We had advised traders that until that level is cleared we may see a temporary pause in the markets. This is exactly what happened as well. But since the overall swing is positive at the same time all pullbacks will be bought into.
We advised traders to look for long side trades in all dips to 5940 levels. In the morning session markets dipped just made a low near 5950 and managed to pull back to test the BEARS LAST stand point of the day exactly.
This being a swing hurdle markets found some resistance there and failed to clear it.
Once we saw an lower top formation on intraday charts it proved as a confirmation that level may not be just taken out yet. Eventually NIFTY FUT managed to close at the lower levels of 5950 zones.

Based on levels today while it was range bound there were two trading opportunities one  going long in dip. We were hoping for the 5945 levels and we missed that long though. Or a short on rise. Once NIFTY FUT failed to clear 5995 a short was initiated below 5975 for some intraday gains.
For swing traders hopefully our advise to lock in gains and wait for a clear of 6000 was a fair advise.

Now that we had the first correction day in the recent upswing. What are the levels to watch out for in the coming sessions. Read our analysis or the next trading session.

Commodity traders can now follow our Advanced Automated trading signals Live at www.powertrades.blogspot.com
                                                                                                                     
Folks who love systematic trading can follow our Automated Stock Calls posted live at our Facebook page : www.facebook.com/powertrade.trading

Time your trades with perfection and high accuracy ? Trade with the specialists of the index. Check out our unique value added services or our algorithm based trading services.

 NIFTY FUT traders went long above 5915 and gains massive gains all the way till 5970 just as per our blog. Banknifty fut traders too has a blast going long in the opening session above 12104 and booking gains all the way till 12240 odd levels. Are you looking for complete guided trading without any hassle?.. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 

NIFTY FUTURE – 11^th  Mar  Trading Guide

NIFTY Fut gave a lacklusture day without giving away much on either side, our trading range identified was 5940 on the downside and 6000 levels on the upside. Markets traded within that zone and faield to clear on either side.
Since we closed a bit on the lower side near 5950 levels, now 5940 short term swing supports will be keenly watched in the coming sessions. A breach of that can take NIFTY FUt down to 5900 levels.
Traders will recall 5890-5900 was the previous swing break out zone and that is where we may see some short term support emerging.
In between this trading range of 5940-6000 expect markets to trade lack lusture  without a definite direction. The bias will be negative below 5975 and mildly positive above that. A swing break out will only be possible if we are able to clear out the 6000 zones.
Swing wise again we will re iterate a clear of 6000 zones can see a strong chance to take out 6120 on the upside.

Swing indicator wise the short term momentum indicator remains positive above 5940 levels. . The mid term momentum indicators are now positive as well and will continue to hold so until NIFTY FUT trades above 5860 zones.

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5990-5995  sustaining above which it will target 6025,6040,6090
POWERTRADE TREND DECIDER OF THE DAY ------- 5970-75
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5935-40
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5910,5880

Review of 26th Feb and Update for 27th Feb 2013

                                       

NIFTY FUTURE – Review of 26^th  Feb

NIFTY FUT –   for yesterday and past few sessions we had clearly marked out that the trading range formed is 5830 and 5890-6000 on the upside. Yesterday we asked traders to take positions in break of either of this trading range.

Today Morning when the first hourly candle closed below 5830 levels. And that was the sign for our readers and traders to go short . In our numerous previous posts we had written that below that range 5790 and 5760 are the targets to watch out for on a swing basis.
Look at the market reaction first when 5825 was breached ( BULLS LAST STAND POINT) . Markets drifted lower to find some intermediate support near mid day at 5790 levels. The momentum intensified once that level was broken, for NIFTY FUT to mark a low near 5760 levels.
This also proves how beautifully the intraday trading levels works. We hope traders took a decisive trade to get good gains.
Now that we have closed in a lower zones, lets also raise  toast for getting our analysis spot on from the highs of 6120.
What are the swing support levels and target levels to look out for? How can we prepare ourselves to take advantage of those levels. Lets review our trading analysis for the next session.

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Folks who love systematic trading can follow our Automated Stock Calls posted live at our Facebook page : www.facebook.com/powertrade.trading

Time your trades with perfection and high accuracy ? Trade with the specialists of the index. Check out our unique value added services or our algorithm based trading services.

NIFTY FUT traders went short near 5815 and booked massive gains all the way till 5775 zones giving it a big day of gains for our traders. Our BANKNFITY FUT traders are going strong having earned more than 573 points in the last 3 trades alone. Are you looking for complete guided trading without any hassle?.. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 

NIFTY FUTURE – 27^th  Feb  Trading Guide

NIFTY FUT – made a decisive weak close near 5760 levels. Now we have done a near 350 points plus correction on the index from the highs.  Let us now take a step back and also see how we traded this move. This is important to plan our next move.
Just back in early Jan all the so called analysts were going gung ho about the markets predicting new highs, then we took a step back and reviewed saying that we have done a strong upmove and needed a pause . we also got it spot on getting the exact high of 6120 projected even before that level was tested.
This wasn’t the first time though; In December when the markets were correcting lot of analyst had said that the top is done. We asked traders to buy near the 5850 zones.
Markets then famously pulled back all the way to give near 250 points swing gains and much more profit potential in stock futures trading.
Now in the same view we have been writing that NIFTY FUT has swing supports at 5730 zones and these will be good investing opportunities. At the same time please don’t read it as a justification to hold on to long positions taken long back with the hope markets will retrace. All we are saying is the long term momentum indicators – These track daily and weekly charts are still not bearish and they may provide low risk investment and trading opportunities Let us see how markets unfold in coming sessions.

For daily trading levels. NIFTY FUT will face immediate hurdle in the 5790-95 zones and clearing that can again see NIFTY FUT pull back to test the 5820-25 zones.
On the downside a breach of the low created today that is near 5755-60 levels will see NIFTY FUT to drift down to test the 5730-35 support zones. If that level is broken we can see NIFTY FUT move to 5700 zones.
On the downside any close below 5700 levels in swing basis can see a test of the next swing levels of 5630-40 zones.
We would like to trade for max upto 5710 levels and pause to see how markets react and look for a low risk pull back opportunity or a break of 5700 to trade for lower levels on swing basis.

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5795-5800 sustaining above which it will target 5825,5855
POWERTRADE TREND DECIDER OF THE DAY ------- 5760-65
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5730-35
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5710,5670

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.

Review of 21st Feb and Update for 22nd Feb 2013

NIFTY FUTURE – Review of 21^st Feb

NIFTY FUT – A power packed day for our power traders and readers.  After a very long time did we see such a strong move day and what a beauty, how nicely were levels followed from the first minute of the day.
Yesterday we clearly mentioned that watch out to trade on either side of the trading range created on Wednesday. We also asked traders to take short positions on break of 5940. What was the morning high created? Well see the charts it was 5939.
Just check how powerful the movement was when markets opened and traded below the BULLS LAST STAND point ( 5935-40). This immediately confirmed a short position despite a gap down.  Once that level was breached it went on to do all downside targets. We have been harping for the past few sessions that if the 5900-5925 zones are broken then the break down can be pretty sever this time around and that is what exactly happened today.

Hope the traders used this opportunity to trade and make some what for the sustained range bound moves that we had seen in the past few months. Will this open up the markets? We will have to watch in the coming sessions.
NIFTY FUT traded weak and closed below the crucial 5860 levels? what is the crucial level to watch out for just below this zone? Read our trading analysis and review for tomorrow

NIFTY FUT traders went short in the morning session below 5920 and booked gains all the way till 5870 levels.BANKNIFTY FUT traders had a blast earning 180 points in a single trade.

The star performer was our advanced smartsignals which were short since yesterday and now rocking at over 340 points gains per lot..… …. Are you looking for complete guided trading without any hassle?.. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 

NIFTY FUTURE – 21^st  Feb  Trading Guide

NIFTY FUT – closed below the crucial trading levels of 5860 and this doesn’t auger well at all. This level will prove as the immediate TREND DECIDER of the day for the next session. What is important now is that we also have a crucial level of 5830 zones on the downside. Long term traders wil.recall that was the Breakout levels for a long time before markets traded out of that range in November.
If that level is breached on the downside we will surely look forward to the levels of 5810 and downside swing targets of 5730-50 zones. That zone will form as the next supply zone if at all it is reached.
Readers will also recall that before even the markets hit those levels we analyzed that NIFTY FUT had upside resistance at 6120 levels.

On the upside 5890 will form as the next hurdle and it will be important for markets to clear out that level to buck this down trend. But make no mistake the volumes and the candle pattern that we saw today implies that all pull backs will be heavily resisted.

Trading wise it will be important to first watch out that if NIFTY FUT is able to sustain below 5860 else we got to be a little cautious with shorts and secondly if markets are able to breach the 5830 levels. We need to keep tight stops for shorts near that zone. And may also look to add up on break of it.


Momentum indicator wise short term indicators moved into negative territory below 5920 ( This was another strong indication) .. Mid term momentum indicators are now trading  negative as well and will continue to hold so until NIFTY FUT trades below 5925 now.

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5890-5900 sustaining above which it will target 5925,5945
POWERTRADE TREND DECIDER OF THE DAY ------- 5855-60
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5835-30
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5814, 5790

Review of 20th Feb and Update for 21st Feb 2013

NIFTY FUTURE – Review of 20^th Feb

NIFTY FUT – A range bound day where markets traded in about 30 odd points range giving away little on either side. This has been a typical characteristic of the market in the past 3 months where markets have been in a rut trading in small range and not been able to give a decisive move on either side.
Yesterday we mentioned that until NIFTY FUT holds above 5925 it will trade with a positive bias, that is what happened today, where markets managed to hold up despite trading at higher levels. We also mentioned that on the upside NIFTY FUT will face resistance near 5985, but sadly it even failed to scale to that level.

One of the issues with market has been that we have traded in this 200 odd point zone for quite some time now and hence at every 30 odd points we have levels that we need to watch out for. This has been caused a concern at times where none of the moves have held on a sustained basis, 19^th was a rare exception though.

Now that we have traded in a small zone for the trading session and the fact that the markets just managed to close a shade above 5960 zones, what is up next?  Read our trading analysis for the next session.

NIFTY FUT traders went long in dips towards 5955 and booked profits in time at 5970 levels. Giving a neat small trade in  range bound session. … …. Are you looking for complete guided trading without any hassle?.. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 

NIFTY FUTURE – 21^st  Feb  Trading Guide

NIFTY FUT – just managed a close above the crucial 5960 zones. But is that good enough? Given the fact that we failed to take out 5985 zones , makes it a little tough, but the fact that we traded in a small 25 odd points today will make the trading decision easier . We have to watch out the daily candle today to see where it may be headed next.
On the downside if NIFTY FUT manages to breach 5940 levels it will again move into a weak territory and can start another downward trend. Below that trade for NIFTY FUT to test the 5910 zones. A confirmed swing reversal will only happen if 5890 is breached.
On the upside if NIFTY FUT managed to trade above 5985 it will test the swing hurdle zones of 6010.  If that is cleared we can see a strong short covering and move all the way till 6050-60  zones.
Crux of the matter watch out for today’s daily candle and initiate trade on the break of the trading range on either side. Not much point looking to invent trades in between this range.

Momentum indicator wise now the short term momentum indicators are trading positive and will continue to hold so until NIFTY FUT trades above 5920. Mid term momentum indicators are also trading positive now and will continue to hold so above 5890 zones.

If you like the trading levels and analysis and views do like us and leave your feed back and suggestions at our facebook page
Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5980-85     sustaining above which it will target 6010,6045
POWERTRADE TREND DECIDER OF THE DAY ------- 5955-60
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5935-40
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5915,5890,5865

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.