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Friday, April 8, 2011

NIFTY STRATEGY - APR 8TH

-Yesterday we had mentioned will face Hurdle at 5932 level ,Just see it kissed same level.Again writing not crossing high of Wednesday-5971 & remains below 5933 will take to 5818———-5780 level.
Minor Support at 5880-5861 is last Hope.
Decisive break below 5861 with volumes and stays below for 5/10 minutes will take to 5818-5780 level.
Hurdle at 5932,Crossover will take to 5949-5955.
Yes ,6017 is LAXMAN REKHA for NF.Three Consecutive close above this level +Weekly close will take to 6210-6275.Now this only happen if something great happens during result season.
Intraday levels ,Trend Deciders points to our Subscribers
Yesterday’s NF volumes was lowest of 2011
If you believe it likely to have a difinite bullish or beariish effect marketwise, do not back your judgement” UNTIL THE ACTION OF THE MARKET ITSELF CONFIRMS YOUR OPINION”
-The Disciplined Trader,Mark Douglas

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