Sunday, 16 September 2012

REVIEW OF 14th Sep 2012 AND UPDATE FOR 17th Sep 2012


NIFTY FUTURE – 14th   Sep Recap
NIFTY FUT we had been writing for the past few sessions that the momentum indicators are showing a positive bias and chances are markets will break out. We had also correctly predicted the intermediate bottom at 5240 levels and had advised all swing players following our blog to create longs and trade for the upside.
On Friday aided by global cues and the QE3 announcement impact markets gapped up and cleared the trading range that had been holding it back. As part of the cues for trade too we had written that clearly look for a breakout trade. Even after the gap up the breakout trade worked great for our traders and readers and they managed to book handsome gains intraday too.
Nifty fut opened gap up above our target level of 5520. Let us just analyze how does an intraday trader take this day. First thing is to see whether 5520 is held with the gap up or not ( This will confirm if the trend created on gap up can be sustained. Look at the morning low, it was created at 5530. Above the resistance levels, which will now act as a support, so for intraday traders look to go long with stops around 5520 and book at higher levels. That was the same advice given to our subscribers.
But the star trade of the day was the jackpot trade given to our overnight subscribers and a snapshot of it with time stamp has been posted at our facebook page and below.
They were advised to create overnight longs in 5500 CE at 37 which they booked at 85 levels on Friday and overnight Banknifty fut longs at 10220 which they booked at 10560 levels. Another reason why we wanted to mention it, is one needs to be very prudent and clear about money management rules to trade jackpot calls.
These are mostly make or break calls and returns can be many times over, but at the same time no traders should risk more than a little share of his trading capital for these positions.
Also we have seen a terrific run and performance with our stock calls, which have yielded massive gains for our followers on facebook. Credit to the advanced automated signals.

Powertrade Jackpot call given to subscriber- with proper timestamp
# Jackpot calls are given free to our premium subscribers


Stock Calls posted live at our facebook page : www.facebook.com/powertrade.trading
 
NIFTY FUT intraday longs were created above 5540 with stops at 5520 and booked profits all the way till 5570 levels. For Banknifty futures we created longs above 10540 and booked good gains till 10630 levels. Making it a big day of gains for our traders. Other than the overnight massive gains …Looking for decisive trade entries?.. 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 – 17th Sep Trading Guide
NIFTY FUT made a high below 5600  and closed around 5570 after a massive day of gains. Immediate resistance now comes at 5600 levels which is both a psychological figure and at the same time a retracement level of the entire upswing that we had from  5240 to 5460 odd levels. In case NIFTY FUT manages to clear this as well we may see a further upside to test higher levels 5700 levels. This is what we have been predicting as a swing target for the markets since the lows of 5240 got tested.
On the downside now immediate support comes at 5545 and a breach of that will look to test 5520 levels. This should be sustained as of now for the up move to remain. Because if this level is broken down NIFTY FUT will surely slide down to and try to fill the gap.
Expectedly all momentum indicators are now bullish and will continue to remain so until 5520 levels are sustained. Further bullishness will only be confirmed if 5600 is taken out.
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Cues to trade this Monday: Look for breakout trades above 5605 with stops near 5570. Also look for pull back trades in dips with stops at 5520 levels for higher levels. Contrarian short traders need to watch out the 5600 levels and in case NIFTY FUT fails to take out those levels, shorts can be created with tight stops  

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5600-05 sustaining above which it will target 5635,5657,5700
POWERTRADE TREND DECIDER OF THE DAY ------- 5550-55
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5520-25
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5505,5475,5445

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.

Saturday, 15 September 2012

DISCIPLINED SYSTEMATIC APPROACH TO NEAR PERFECT SUCCESS

“Success is just not mere coincidence and luck all the time, it’s a combined culmination of preparation, hard work, discipline and conviction to follow your goals” – A.Banerjee

We have achieved near perfect results with our Calls and our analysis of the markets in the past few months since we started sharing them on the internet to a larger audience.  Is it always the matter of just luck or something more significant and deeper. Our advanced systems gave winning picks in many counters much ahead of the big move this Friday, and in turn enabled many traders to gain big time. Our signals using a complex combination of factors has for the first time given the power to traders like you and me to stay ahead of the curve and analyze and get into moves before smart money does.

Were we always like this?

The answer is a clear NO, we have also gone through the motions failures and that’s a part of trading just as in life. But we have learned improved methods, imbibed a systematic approach and increased our probability of winning. We have used our rich experience of both winning and losing to design systems that put a method to the madness and at the same time use our understanding to refine the decision making.

How do we work?
  •  We have used multiple criteria and to handpick a basket of stocks from the market across sectors considering various factors.
  • Our analysts and systems are always screening for high probability trades in these underlying to generate signals



Systematic Disciplined way to Trading success

There are two key broad aspects that makes a trader:
 1. Is to understand the markets, pick up and learn technical analysis, spend time with charts.
2. The second part is discipline and money management.
The second one contributes to more people failing. This is the reason we need a disciplined approach to what we do. Let us all learn and grow together. We at powertrade always welcome your thoughts and queries on technical analysis.

We will leave it here with a single message to all our trader friends. Make your trading disciplined, risk appropriate amounts and strive to stick with a systematic approach to your decision making. Follow your rules not emotions. Also, through wins or losses enjoy the learning process. 

Thursday, 13 September 2012

REVIEW OF 13th Sep 2012 AND UPDATE FOR 14th Sep 2012


NIFTY FUTURE – 13th   Sep Recap
NIFTY FUT traded in a narrow 20 point range for most part of the day. This may be primarily on the fact that smart money prefers to wait to see the impact of  big events scheduled from US to decide the next course of action for the markets.  While there is nothing significant to write home about there is one important lesson to take home today. How do we decide that the session is range bound and how to avoid such sessions?
One of the simplest handy indicators is our trading levels. Look at NIFTY FUT today, it just traded between two levels today ( The TREND DECIDER and the BEARS LAST stand point) which are merely 30 odd points apart. When markets are just trading between two levels within a small range this will act as a good guidance to avoid un necessary trades within a range and wait for the range to break out on either side.
Again our levels worked today pretty well. We wrote that the BEARS LAST stand point of the day is 5457 and markets topped out just below it (High made near 5455) and then dipped down, being a range bound day markets couldn’t even test the TREND DECIDER and held on to pull back.

Our star performing Stocks calls: (posted FREE at our Facebook page for our friends)
·         TCS Long at 1391 current running profits 7500 INR per lot. part booked
·         INFY Long at 2400 current running profit 20750 INR per lot. Part booked.
·         TATAMOTORS Long at 242 current running profit 18000 INR per lot. Part booked.

Markets closed around 5450 levels, at a crucial inflection point? What to expect next what are the levels of a clear breakout or breakdown now? Read our post for the next session.

Stock Calls posted live at our facebook page : www.facebook.com/powertrade.trading
 
NIFTY FUT created longs above 5438 levels and closed them around 5452 with no movement for most part of the session. BankNifty Futures went long above 10230 and booked part in time around 10275 and got stopped out for the remaining quantity. …Looking for decisive trade entries?.. 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 – 14th Sep Trading Guide
NIFTY FUT closed around the 5450 levels just below the crucial inflection point for the NIFTY levels. This is the point where either markets may mark a double top or break out. For now the momentum indicators support an upside move but at the same time the events awaiting are so heavy that they can have a huge impact on the global markets. NIFTY spot almost made an exact top as the previous levels while the futures made a top shade below those levels. Currently a clear break out will be confirmed if NIFTY FUT manages to move above 5475 on a sustained basis.  Immediate support now comes at 5420-25 levels again. Swing support or mdi term support comes at 5280-5300 levels and this is the level that has to be watched out for. Until this level is sustained on a short term basis the upside bias is intact. We should be holding this level as the key level to watch out for.
On the upside if NIFTY FUT manages to move above 5475 levels(For swing traders it is important for this level to be cleared on a closing basis or atleast on a higher timeframe), next immediate hurdle comes at 5490  and above that we may see some hurdle at 5520 levels.
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Cues to trade this Friday:  Clearly look for a breakout trade above 5465 levels and a breakdown trade below 5425 for short term intra traders. avoid trading in the range. For swing traders if the news impact is not significant lookf or pull back trades on dips with stops at 5375 levels.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5460-65 sustaining above which it will target 5475,5490,5521
POWERTRADE TREND DECIDER OF THE DAY ------- 5425-30
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5375-80
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5360,5335,5315

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.

Wednesday, 12 September 2012

REVIEW OF 12th Sep 2012 AND UPDATE FOR 13th Sep 2012


NIFTY FUTURE – 12th   Sep Recap
NIFTY FUT our clear advice to all our readers was to look for long in dips or breakout. What a day it was markets traded in favor of long side players. Let us look at cues for the day—“: Look for longs in dips to 5375-85 levels with stops around 5355 levels. Also risky traders can look for long break outs above 5416  Look at the market reaction in the morning session when markets started moving above 5416 levels.  For most part of the day it was a range bound session giving little away for traders. On days like this the trading levels come very handy, markets managed to hold above both the BULLS LAST STAND point and in dips failed to break down the TREND DECIDER of the day indicating that long positions will be the flavor of the day.
Also review our levels once, as we have always written that the levels are not just resistance and support levels but are key turning points where market momentum/direction are likely to change. For example today’s BEARS LAST stand point was just marginally above yesterday close and not just resistance point. So the distance of the reference levels with respect to close varies and not a fixed ratio as pivots points.
Also our advice on swing longs based on the momentum indicator play worked well giving away massive gains for the swing players.
Our Longs in TCS rocked giving away 3700 INR profit per lot and the trade is still partly on. Lets see how it spans out. Live calls posted at our Facebook page.
NIFTY futures closed above 5450, next is what? We are testing the acid test levels again? Will we clear it? Read our post for next session?


Stock Calls posted live at our facebook page : www.facebook.com/powertrade.trading
 
NIFTY FUT traders went long above 5433 levels and just booked profits in time at close near 5450 levels in a range bound session.Going strong with all our stock call entries, lets for now. …Looking for decisive trade entries?.. 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 – 13th Sep Trading Guide
NIFTY FUT pulled back smartly from intra lows and managed to close very strong above 5450 levels. Immediate hurdle zone is 5455-75 levels and clearing that decisively will mean we have a big rally on cards in the coming months. It has to be watched out if this level of acid test can be taken out or not.  On the downside immediate support now emerges at 5420 levels and a breach of that will test 5400 levels. Strong support comes at 5375-80 levels and mid term indicators will continue to remain positive until this level is sustained.
On the upside if NIFTY FUT manages to move above 5475 levels(For swing traders it is important for this level to be cleared on a closing basis or atleast on a higher timeframe), next immediate hurdle comes at 5490  and above that we may see some hurdle at 5520 levels.
For now momentum indicators suggests that we may be good to clear the critical level this time at least on an intra basis if we manage to trade above yesterday’s highs, it has to be watched out if we clear it on a closing basis. Because if it does we are talking about long term Bullishness to emerge.
NIFTY FUT all momentum indicators continue on  positive territory and short term momentum indicator will continue to hold so until NIFTY FUT manages to trade above 5320 levels.
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Cues to trade this Thursday: look for long in dips to 5430 levels with stops at 5410, at the same time look for high risk breakout longs if NIFTY FUT moves above 5455 with tight stops of 20-25 points. In case on mid day basis we fail to clear 5455  look for shorts can be taken in rise  to 5455 levels with stops above 5475. But look to see if markets are facing resistance there.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5457-62  sustaining above which it will target 5475,5490,5521
POWERTRADE TREND DECIDER OF THE DAY ------- 5420-25
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5375-80
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5360,5335,5315

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.

Tuesday, 11 September 2012

REVIEW OF 11th Sep 2012 AND UPDATE FOR 12th Sep 2012


NIFTY FUTURE – 11th   Sep Recap
NIFTY FUT what a terrific day with our levels and the cues for the day we wrote “look for long trades in dips to 5320-30 zones with 20-25 points stops. Swing players can look for long positions in dips to 5300-20 levels or on clear breakout of 5380 levels”  and what a trade that was market opened gap down just  above the 5335 levels and pulled back smartly first to test 5355 levels ( Our TREND DECIDER of the day) and look at the market reaction once that level was cleared. Also let us look at the impact the BEARS LAST STAND point carries, ( we had identified this level as 5380 and it was all BULLS once this level was cleared.
Hope all our dear readers who had spend some time on the analysis for the day had minted huge gains. Also read the impact analysis of our momentum indicators we had been maintaining that the mid term and long term momentum indicators are on the long side until 5280 levels are holding. Our swing long positions were again justified based on that analysis.
We had a terrific run with all our stocks calls as well stock calls were posted live.
Successful calls include TATAMOTORS,INFY_F1,RELCAPITAL_F1,ICICIBANK all blasted to give away massive gains.

Stock Calls posted live at our facebook page : www.facebook.com/powertrade.trading
 
NIFTY FUT traders went long above 5365 levels to book massive gains till 5398. We had a double blast in Banknifty futures, first booking our BTST shorts at 10045 and then again taking intra longs above 10065 and booking all the way till 10145 levels. …Looking for decisive trade entries?.. 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 – 12th Sep Trading Guide
NIFTY FUT pulled back smartly and managed to close above the 5400 levels after a very long time. This break out and close is extremely crucial and should favor the BULLS now until on a swing the swing levels of 5320 manages to hold on. NIFTY FUT now faces immediate resistance at 5416 levels and if manages to hold on above that level will again go on to test 5453 levels on the upside. On the downside now immediate support comes at 5375 levels and a breach of that can see a quick test of 5355, where we expect support to emerge out.
NIFTY FUT all momentum indicators are now on positive territory and short term momentum indicator will continue to hold so until NIFTY FUT manages to trade above 5375 levels.
For all those who want to delve a little deeper into technical analysis and love Elliot waves, just go back to the charts posted a few days back. NIFTY spot levels were facing resistance at the top of the 4th wave , pulled down to test the 50% retracement and then found some support and pulled back smartly to take out those levels. Just wanted to mention that as this was a beautiful technical formation and nice to observe. We will post a charts on them sometime soon.
Cues to trade this Wednesday: Look for longs in dips to 5375-85 levels with stops around 5355 levels. Also risky traders can look for long break outs above 5416. Also shorts can be taken in rise  to 5455 levels with stops above 5475. But look to see if markets are facing resistance there.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5415-20 sustaining above which it will target 5435,5453,5475
POWERTRADE TREND DECIDER OF THE DAY ------- 5275-80
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5350-55
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5335,5315,5285

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.

Monday, 10 September 2012

REVIEW OF 10th Sep 2012 AND UPDATE FOR 11th Sep 2012


NIFTY FUTURE – 10th   Sep Recap
NIFTY FUT we had written that the levels of 5375-80 are the BEARS LAST STAND point and also at the same time we mentioned that this zone is crucial to watch out for in this session. Today Markets made top just around this level but failed to clear them and eventually dipped downwards to find support exactly above 5350 levels. We had clearly written that positive mid term momentum will hold until NIFTY FUT trades above this level. NIFTY FUT found some support there and managed to pull back well again to test 5380 levels and but close below it. Volumes remained muted signifying that markets are not finding much triggers as of now to take out the levels.
We had written clearly as part of our trading cues again to look for longs in dips as well we had advised risky traders to go short in case the top are not sustained during themed day session. That’s exactly what happened when market failing to hold above 5375-80 levels dipped downwards and just pulled back from our mentioned support zones to offer probably the only two small trading opportunities during a mostly dull session.

Markets have managed to hold onto 5350 levels today, will this prove crucial. What are the levels beyond which we can expect upside momentum to resume? Where should we take the next trade? Read our trading guide for next session.
We had some terrific stock calls published at our facebook page (www.facebook.com/powertrade.trading) All calls went great doing the targets giving massive gains to our facebook friends ( Like our facebook page to follow our calls Live for Free)
 
NIFTY FUT traders and BankNifty fut traders didn’t initiate and trades today and stayed neutral …Looking for decisive trade entries?.. 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 – 11th Sep Trading Guide
NIFTY FUT tested the support zone of 5355 levels and managed to pull back and close marginally above those levels. NIFTY FUT will find some intermediate support at 5350 levels and if manages to hold above it will again test 5375-80 levels on the upside. On the downside a breach of 5350 levels will mean NIFTY FUT will try to test 5320-25 where we should some intermediate support coming in. Crucial mid term support now emerges at 5280-85 levels and this level will have to be watched out carefully to confirm that the markets stay on the upside.
We had been able to correctly predict the swing lows and highs in the past two occasions. Once when we wrote on mid-august that 5475 level is the crucial BULL level for break out markets will correct (Eventually NIFTY FUT high made was 5462 and from there markets corrected) We also wrote that 5240-50 levels are crucial support levels and long term upmove is intact above that level (Markets again just made a low there and have pulled back significantly from those levels). Why this was important because both these analysis came at a time when market sentiment was just contrarian and all analysts were asking just to otherwise. We hope and believe all our readers benefited from these levels.
In near term NIFTY FUT will continue to remain in a congestion zone until it breaks beyond any of these trading levels of 5320 on the downside and 5380 on the upside and contrarian trades will be the flavor of the day.

Now short term momentum indicator remains neutral and mid term indicators also hold positive now until 5280-85 levels are held.

Cues to trade this Tuesday:Look for short trades below 5350 levels  also at the same time traders favoring longs look for long trades in dips to 5320-30 zones with 20-25 points stops. Swing players can look for long positions in dips to 5300-20 levels or on clear breakout of 5380 levels.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5375-80 sustaining above which it will target 5395,5416, 5445
POWERTRADE TREND DECIDER OF THE DAY ------- 5350-55
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5320-25
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5305,52855265

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.

Saturday, 8 September 2012

REVIEW OF 7th & 8th Sep 2012 AND UPDATE FOR 10th Sep 2012


NIFTY FUTURE – 7th and 8th  Sep Recap
NIFTY FUT as our pre market analysis we had clearly advised all our readers to look only for a breakout trade above the trading range for the past two sessions. Aided by global cues and strong US close markets gapped up above the trading range significantly. No how to make sure whether the gap up will hold or not. Ideal thing is to wait for a while and see if it manages to hold above the BEARS LAST STAND POINT level and which it did on Friday, one becomes pretty sure that the BEARS will have a little chance for the rest of the trading session and one should only look for Buy side trades. NIFTY FUT moved up doing all our upside targets exactly.
This is exactly what happened on Friday. Also we have been clearly writing the that the momentum will shift in favor of BULLS if NIFTY FUT moves above 5325 levels, look at the Open low (Low made 5326) that was a double confirmation to look for long side trades.
We had also written that the acid test level for NIFTY FUT is 5355 and this proved to be a significant hurdle for most part of the day but during the closing minutes NIFTY FUT managed to clear that out and close above it.
This proved as a support level again for the session on Saturday. Since markets were holding above that range BULLS were safe in the truncated 1 hour session.

Also let us do a quick review for our swing traders, we had marked that positional support is at 5245 level and market failed to give a single major close below It. We had maintained all through last week that until that level is breached the long term trend remains on the upside.  Now that this levels is  again respected we have seen a massive pull back of 120+ points from those levels.
Markets have managed a close above 5355 levels, now what is next? Where are the next resistance levels to watch out for? Where should we take the next trade? Read our trading guide for next session.

 
NIFTY FUT traders went long above 5335 levels and booked their final profit just during the closing session of  the day around 5360 levels as we were running out of time. We had terrific run in stock calls with Longs in ICICI Futures, RELCAPITAL and INFY going great guns. …Looking for decisive trade entries?.. 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 – 10th Sep Trading Guide
NIFTY FUT had a strong upmove on Friday and also managed to make a marginally new high. This means that NIFTY FUT has managed to close above 5355 our acid test levels for BULLS. This also justifies our swing analysis where we have written in the past few sessions that until 5240 is decisively broken Long term uptrend is intact. NIFTY FUT now faces  immediate resistance at 5375 level and this will be extremely important to watch out In the next session. In case if NIFTY FUT manages to move above this zone next crucial resistance level comes at 5416 zones.
On the downside in case NIFTY FUT breaches 5350 levels it will find support at 5325-30 levels and this should hold for now. In case this level is breached it could well mean a failed break out.
Now until NIFTY FUT manages to hold above 5350 short term momentum indicators will remain positive and mid term indicators also hold positive now until 5280-85 levels are held.

Cues to trade the Next Monday: Look for a break out trade above 5377 and at the same time look for pull back longs near 5350 with stops below 5320 levels. In the late session if NIFTY FUT fails to clear out 5375 levels aggressive players can look to short with below it with 20 odd point stops.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5375-80 sustaining above which it will target 5395,5416, 5445
POWERTRADE TREND DECIDER OF THE DAY ------- 5320-25
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5280-85
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5265,5245

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.