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Thursday, June 2, 2011

NIFTY STRATEGY - JUNE 2ND

-Yesterday we had written …Bear Rally last for 2-5 -6 Days only.
-From low of 5328…YESTERDAY was the 6th session !
-Made Intraday High of 5594 & closed at 5590.
-Already indicated to our Subscribers /Readers…Maximum this rally can zoom to kiss 5623-5640 level.
-Vertical rise…Always create Problem !
Now ,While Updating SGX NIFTY is down by 60 points !
-It’s Irony (Your country instrument )Starts trading 3 hr before our Mkt opens and closes after 7 hrs of trading end here in India at Singapore.
(U can run Commodity Market upo 11:30,Why not Open Nifty Future for 24 hrs …forget about Rise or Fall in Market )…..Think it over or should we contact Baba Ramdev or Anna Hazare ?
Yesterday close :5590.
SGX NIFTY ,Now @ 5535 (clean shave of 55 points )
3DEMA :5545
Break will take to 5528————–5512 in PANIC !
 Suppose Breaks 5512 level too then crucial and last Intraday Hope @ 5496.
Yes ,In Panic around 5530-5520…if it happens
Then Will Buy with Strict stop of 5496 level !!!!
Above 5568……………Our Target is Intact of 5623-5641 level !!
(Yes ,In Today’s PANIC………..Will Buy to sell either Tomorow or NEXT WEEK )
Will Update More to our Subscribers during trading hrs.