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Monday, June 18, 2012

NIFTY FUTURE - Around 5180-5200 ,Go Short Fresh…Stoploss 5220-5238 & RELAX.7th Trading Session will see Unexpected level - - Jun 18th

-As Expected on Thursday/Friday :5049-5025 are support levels.
-Just see on Thursday made low of 5046 & On Friday 5072.80 level and taken U-turn !!
-Our Hurdles were :5077-5102—-5127-5133.It kissed High of 5156 & closed at 5147.70.
7th Trading Session will give Unexpected  levels !!!
Last close :5147.70
Today ,Above 5166 level will zoom to kiss 5184-5202-5220 level.
Major Falling Trendline will give Hurdle at 5184 level.
Expanding WEDGE :Hurdle and Very Dangerous level for Trader around  
5185-5220 level.
If Opens around 5180-5190 or 5200 ……………then ?
First Book Profit (If u had Bought on Friday )
Keep a stop of 5215-5220 …….Go short  !!
Support Points @ 5112 (3DEMA )
7 DEMA @ 5073.60 (7DEMA )
Will Update More after RBI Policy is out ,Yes will update about NF

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