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Tuesday, May 3, 2011

BANK NIFTY - MAY 3RD

Make money, money by fair means if you can, if not, but any means money.
Horace (65 BC – 8 BC), Epistles
Today ,Just watch 11231 level.
Break with volumes……………..and stays below this level for 5-10 minutes will take to 10966—-10878 level in next few hrs.
Below 11431………………it will favour Bear Only
Either Today afternoon or Tomorow will hit sharp bottom and Reversal ….not ruled out.
101% More Details to our Subscribers during trading about Bank NF and Banking Stocks.
Will try to update trend and levels for our readers after RBI policy is out.

NIFTY STRATEGY - MAY 3RD

Yesterday our Support points were :5703——5689.Do u know it kissed 5703 & closed at 5725 level.
Our Hurdles were @ 5773-5786.Just see at opening bell it kissed 5790 & freefall started.
 
Just watch 5689 level.
Decisive Break below this level with volumes and stays below this level for 5/10 minutes will take to 5665——5627 level in PANIC.
(Levels not to be changed everyday )
 Hurdle at 5756——————5794 levels
-More Details ,Intraday levels to our Subscribers-