Follow To Stay Connected

TIME

HOW TO EARN RS.1CRORE

Thursday, May 5, 2011

NIFTY STRATEGY - MAY 5th

Yesterday again written in morning that below 5627 it will try to kiss 5512-5474 level.Now just see it kissed 5510 & taken U-turn !
During Trading hrs…We updated that if NF not breaks 5510 & sustains above 5536 will take to  5615—5641.It kissed 5592 & again crashed !!
(So from 5536—5592 …U had eaten profit or not ? )
We Don’t change levels everyday.
5512———–5474 are SUPPORT levels.
Yes ,Again Last Hope for Bull’s.
Break with volumes below this level +Closes below this level then ??
Nonstop slide upto 5357—5320 not ruled out.
In next 2 sessions ,It will have to take U-turn with massive volumes…Otherwise story for Bulls is over !
-Bollinger chart indicates……..Be cautious now @ lower levels.Already trading below lower band………..!
What are the Hurdles………….?
Will tell to our Subscribers during trading hrs.But Yes ,Yesterday’s High will act as First Hurdle or Major Hurdle.

No comments:

Post a Comment