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Thursday, June 23, 2011

NIFTY STRATEGY - JUNE 23RD

Yesterday written it should cross 5326 level then only will show power.It made high of 5312 & started falling.
Our Support was at 5264-5254.Made low of 5267.80 level and closed at 5283
Again ,Yesterday’s volumes was lowest of last 3 days !
Above 5326 level ,Will Buy FRESH.
Target on upperside if crosses 5326 with volumes then :5358-5380
Below 5281,Support @ 5254-5245
There after more panic will start and freeeeeeefall upto 5218-5209 not ruled out.
5254-5245 are Support area.Above 5326 will show little strength.
(If corrective rally occurs …….will be good for Bears to go short @ higher levels )
Will Update more to our Subscribers