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Monday, June 6, 2011

NIFTY STRATEGY - JUNE 6Th

-Yes ,Again on Friday we had written 5528-5512 are Crucial Support levels.
-Just see it kissed 5509 & closed at 5523 level.
-Our Hurdles were at 5583-5599 level.And with stop of 5623-5640………..Boldly told to everybody ,Go short !!
-It made High of 5608.50 & crashed !!
Now ,What to Expect from this level ?
-We Don’t change levels everyday !!
 Yes ,Just watch :5521 level.Decisive Break below this level (If Trades below this level for 5-10 minutes with volumes then ? )
-Below 5521…………….We see PANIC upto 5468—5451 level in hrs only.
-Not Crossing High of 5608 (Friday’s High )and remains below 5521…110% will favour Bears only.
-Hurdle at 5540.Crossover will take to 5559-5565 level.